Naira strengthens, trades at 1,630/$ in parallel market
The Naira yesterday appreciated to N1,630 per dollar in the parallel market from N1,640 per dollar on Tuesday. Similarly, the Naira appreciated to N1,507 per dollar in the official foreign exchange market. Data published by the Central Bank of Nigeria (CBN), showed that the exchange rate for Nigerian Foreign Exchange Market (NFEM) fell to N1,507.3 per dollar from N1,520 per …