The Naira yesterday depreciated to N1, 595 per dollar in the parallel market from N1,585 per dollar on Tuesday. However, the Naira appreciated to N1,608.73 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,608.73 per dollar from N1,621.12 per dollar on Tuesday, indicating N12.39 appreciation …

The Naira yesterday depreciated to N1, 585 per dollar in the parallel market from N1,580 per dollar on Monday. Similarly, the Naira yesterday depreciated to N1,621.12 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,621.12 per dollar from N1,611.4 per dollar on Monday, indicating N9.72 …

The Naira yesterday appreciated to N1, 580 per dollar in the parallel market from N1,610 per dollar last week Friday. But, the Naira yesterday depreciated to N1,611.4 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,611.4 per dollar from N1,609.29 per dollar over the weekend, …

The Naira on Friday depreciated to N1,610 per dollar in the parallel market from N1,580 per dollar on Thursday. Similarly, the Naira yesterday depreciated to N1,609.29 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,609.29 per dollar from N1,603.8 per dollar on Thursday, indicating N5.49 …

The Naira yesterday depreciated to N1,603.8 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,603.8 per dollar from N1,586.71 per dollar on Wednesday, indicating N37.95 depreciation for the naira. The volume of dollars traded (turnover) in the market fell by 23.3 percent to $131.09 million …

The Naira yesterday depreciated to N1,575 per dollar in the parallel market from N1,565 per dollar on Tuesday. However, the Naira depreciated to N1,586.71 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,586.71 per dollar from N1,548.76 per dollar on Tuesday, indicating N37.95 depreciation for …

The Naira yesterday depreciated to N1,585 per dollar in the parallel market from N1,575 last week Friday. Similarly, the Naira appreciated to N1,500.32 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,500.32 per dollar from N1,596.92 per dollar last weekend, indicating N96.6 appreciation for the …

The Central Bank of Nigeria, CBN yesterday, announced the resumption of dollar sales to bureaux de change (BDCs), a development that reversed the sharp depreciation of the Naira to N1,640 per dollar in the parallel market. The dollar sales to BDCs is coming two months after the last one in April. In a circular by the Acting Director of Trade …

The Naira on Wednesday depreciated to N1,570 per United States dollar in the parallel market. from N1,550 per dollar on Tuesday. Similarly, the Nigerian currency depreciated to N1,581.65 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,581.65 per dollar from N1,576.66 per dollar on Tuesday, …

The Naira yesterday depreciated to N1,555 per dollar in the parallel market from N1,545 per dollar last week Friday. Similarly, the Naira depreciated to N1,577.29 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,577.29 per dollar from N1,563.8 per dollar last week Friday, indicating N13.49 …