The Naira yesterday appreciated to N1,730 per dollar in the parallel market from N1,735 per dollar on Monday. Similarly, the Naira appreciated to N1,678.93 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,678.93 per dollar from N1,690.37 per dollar on Monday, indicating N11.44 appreciation for …

The Naira yesterday appreciated to N1,735 per dollar in the parallel market from N1,740 per dollar last weekend. However, the Naira depreciated to N1,690.37 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,690.37 per dollar from N1,652.25 per dollar last week Friday, indicating N38.12 depreciation …

The Economic and Financial Crimes Commission (EFCC) has said it is investigating an incident involving a Chinese national who tore Naira notes in Lagos. EFCC spokesperson, Dele Oyewale, confirmed this to The PUNCH on Friday. According to report, the incident occurred at a Chinese-owned company along the Lekki-Epe Expressway, when officials from the Lagos State Government arrived to seal off the …

The Naira yesterday appreciated to N1,730 per dollar in the parallel market from N1,740 per dollar last weekend. However, the Naira depreciated to N1,681.42 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,681.42 per dollar from N1,678.87 per dollar last Friday indicating N2.55 depreciation for …

The Middle Belt Forum (MBF), has urged President Bola Tinubu to rethink his economic policies, saying that the dual policies of removal of petrol subsidy and floating of the Naira have impoverished the masses and placed an enormous burden on Nigerians. The National President of MBF, Dr. Bitrus Pogu who spoke weekend in Makurdi said: “It does not require an …

The Naira yesterday appreciated to N1,720 per dollar in the parallel market from N1,725 per dollar on Monday. Similarly, the Naira appreciated to N1,671.32 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,671.32 per dollar from N1,676.9 per dollar on Monday indicating N5.58 appreciation for …

The Naira yesterday appreciated to N1,730 per dollar in the parallel market from N1,725 perdollar on Wednesday. The Naira depreciated to N1,675.49 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,675.49 per dollar from N1,631.17 per dollar on Wednesday indicating N44.32 depreciation for the naira. …

President Bola Ahmed Tinubu, speaking on Tuesday in Abuja, commended the Implementation Committee on the Naira-based sales of crude oil and refined products and asked the members to resolve any teething problems. In a review meeting at the State House, the President said that using the Naira was conceived to remove the exchange rate hurdle. “Whatever solution we proffer in …

The Naira yesterday appreciated to N1,725 per dollar in the parallel market from N1,730 per dollar on Monday. Similarly, the Naira appreciated to N1,630.45 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,630.45 per dollar from N1,670.65 per dollar on Monday indicating N40.2 appreciation for …

The Naira yesterday appreciated to N1,730 per dollar in the parallel market from N1,740 per dollar last weekend. However, the Naira depreciated to N1,670.65 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,670.65 per dollar from N1,600 per dollar last Friday, indicating N70.65 depreciation for …