Naira Rises to N1,680 per Dollar in Parallel Market
On Monday, October 14, 2024, the Naira strengthened to N1,680 per dollar in the parallel market, improving from N1,690 per dollar over the weekend. This increase shows a positive shift in the currency’s value in the unofficial exchange market. In the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira also saw significant gains. According to […]
Naira Falls to N1,656 per Dollar in NAFEM
The Nigerian currency, the Naira, has continued to depreciate, hitting N1,656.49 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). This is a significant drop compared to the previous week’s exchange rate, signaling ongoing pressure on the Naira.According to data from FMDQ, the exchange rate for the Naira in NAFEM rose to N1,656.49 per […]