Business

Naira Down To N1,670/$ In Parallel Market

The Naira weakened yesterday, trading at N1,670 per dollar in the parallel market, compared to N1,660 per dollar on Tuesday.

In the official foreign exchange market, it also depreciated to N1,550 per dollar. Data from the Central Bank of Nigeria (CBN) revealed that the Nigerian Foreign Exchange Market (NFEM) exchange rate rose slightly to N1,550 per dollar from N1,549 per dollar on Tuesday, marking a N1 decline for the Naira.

As a result, the gap between the parallel market and NFEM rates widened to N120 per dollar from Tuesday’s N111 per dollar.

……..

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

Related posts

N70,000 Minimum Wage: States Await Template From Wages Commission As Adamawa Begins Payment

admin

CBN Sells $122.67m To 46 Authorised Dealers

Waffi Tv

Nigeria’s Public Debt Hits N142tn As Borrowing Rises

admin

Leave a Comment