Naira hits 1585/$ in parallel market
The Naira today depreciated to N1,585 per dollar in the parallel market from N1,550 per dollar on Monday. However, the Naira appreciated to N1,525 per dollar in the official foreign exchange market. Data from the Daily Nigerian Foreign Exchange Market (NFEM) published by the Central Bank of Nigeria (CBN), showed that the indicative exchange rate for the naira fell to …