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Category: Naira
Naira rises to N1,382/$ in parallel market
Naira rises to N1,382/$ in parallel market, By Elizabeth Adegbesan The Naira yesterday appreciated to N1,382 per dollar in the parallel market from N1,391 per dollar on Wednesday. However, the naira depreciated to N1,361 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative […]
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Naira depreciates to N1,391/$ in parallel market
Naira depreciates to N1,391/$ in parallel market, By Elizabeth Adegbesan The Naira yesterday depreciated to N1,391 per dollar in the parallel market from N1,350 per dollar on Tuesday. Likewise, the naira depreciated to N1,359.5 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative […]
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Naira rises to N1,380/$ in parallel market
Naira rises to N1,380/$ in parallel market, By Elizabeth Adegbesan The Naira yesterday appreciated to N1,380 per dollar in the parallel market from N1,385 per dollar on Tuesday. However, the naira depreciated to N1,340 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative […]
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Naira rises to N1,438/$ in parallel market
Naira rises to N1,438/$ in parallel market, By Elizabeth Adegbesan The Naira yesterday appreciated to N1,438 per dollar in the parallel market from N1,447 per dollar on Wednesday.But the naira depreciated to N1,355 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange […]
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Naira rises to N1,447/$ in parallel market
Naira rises to N1,447/$ in parallel market, By Elizabeth Adegbesan THE Naira yesterday appreciated to N1,447 per dollar in the parallel market from N1,455 per dollar on Tuesday. But the naira depreciated to N1,350 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative […]
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Naira now N1,450/$ in parallel market
Naira now N1,450/$ in parallel market, By Elizabeth Adegbesan The Naira yesterday appreciated to N1,450 per dollar in the parallel market from N1,455 per dollar on Tuesday. Similarly, the naira recorded its third consecutive day of appreciation in the Nigerian Foreign Exchange Market, NFEM, strengthening to N1,359 per dollar. Data from the Central Bank of […]
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Naira appreciates to N1,488/$ in parallel market
Naira appreciates to N1,488/$ in parallel market, By Elizabeth Adegbesan The Naira yesterday appreciated to N1,488 per dollar in the parallel market from N1,490 per dollar on Tuesday. But the naira depreciated to N1,423 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative […]
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Naira down to N1,490/$ in parallel market
Naira down to N1,490/$ in parallel market, By Elizabeth Adegbesan The Naira yesterday depreciated to N1,490 per dollar in the parallel market from N1,470 per dollar on Tuesday. Similarly, the naira depreciated to N1,421 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the exchange […]
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Naira: Depreciation not necessarily bad — IMF
Naira: Depreciation not necessarily bad — IMF, Emma Ujah & Babajide Komolafe The International Monetary Fund (IMF) said, yesterday, that the depreciation of the Naira was not necessarily a bad thing. The Financial Counsellor and Director of Monetary and Capital Markets of the Fund, Mr. Tobias Adrian, stated this while fielding questions at the Global […]
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