Yesterday, the Naira experienced a decrease in value against the dollar, dropping to N1,455 per dollar in the parallel market compared to N1,440 per dollar the previous Friday. However, it also depreciated in the Nigerian Foreign Exchange Market (NAFEM) to N1,419.86 per dollar.
According to data from FMDQ, the indicative exchange rate for NAFEM decreased from N1,435.53 per dollar last weekend to N1,419.86 per dollar, marking a N15.67 appreciation for the Naira. Consequently, the gap between the official and parallel market exchange rates widened to N35.14 per dollar yesterday, compared to N4.47 per dollar the previous week.
………..
Note : To submit Press Releases, Statements, and Advert Inquiries for publication on Waffi blog (website) or Television 📺, please use the following contact details: You can send an email to info@waffitv.com or reach us via Whatsapp at 07068286500