Naira appreciates to 1,550/$ in parallel market
The Naira yesterday appreciated to N1,550 per dollar in the parallel market from N1,560 per dollar on Wednesday. Similarly, the Naira appreciated N1,554.55 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,554.55 per dollar from N1,561.98 per dollar on Wednesday, indicating N7.43 appreciation for the …