The Naira on Wednesday experienced a depreciation to N1,105 per dollar in the parallel market, down from N1,100 per dollar on Tuesday. However, in the Nigerian Foreign Exchange Market (NAFEM), it appreciated to N1,072.74 per dollar.
Data sourced from FMDQ revealed that the indicative exchange rate for NAFEM declined to N1,072.74 per dollar from Tuesday’s N1,148.14 per dollar, marking a N75.4 appreciation for the Naira.
Consequently, the margin between the parallel market and NAFEM rates narrowed to N32.26 per dollar from Tuesday’s N48.14 per dollar.
The Court of Appeal, Makurdi Division, on Thursday set aside the ruling of the Benue…
The Benue State Police Command has confirmed the tragic killing of prominent Otukpo-based lawyer and…
A bill proposing a six-year single term for the office of the president and state…
The Senate has approved President Bola Tinubu’s ₦1.77 trillion ($2.2b) loan request following a voice…
Finnish-Nigerian separatist leader, Simon Ekpa, and four others have been arrested in Finland for involvement…
Finnish-Nigerian separatist agitator, Simon Ekpa, and four other persons have been arrested in Finland over…
