Business
Naira closes at N363/$ at Parallel Market
The Nigerian Naira at the weekend, unchanged against the United States of America Dollar at the parallel segment of the Nigerian Foreign exchange market.
The local currency exchanged at the rate of N363, while the Pound Sterling and the Euro closed at N496 and N429, respectively.
At the Bureau De Change segment, the naira closed at N361.50 to the dollar, while it exchanged at N502 and N428 to the Pound Sterling and Euro, respectively.
Trading at the investors’ window showed that the naira closed at N360.85 and had a turnover of 202.47 in transaction.
At the official CBN window, the currency closed at N305.85 to the dollar, and at N412.6 and N360.4 to the Pound Sterling and the Euro.
Currency traders said that though the naira depreciated marginally, it had remained stable at the foreign exchange market.
-
Business1 week agoFCCPC floors Air Peace as Court upholds authority to probe airline fare complaints
-
Latest4 days agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Business6 days agoNCC chief highlights trust as key to Nigeria’s digital transformation
-
Politics7 days agoADC urges FG to rescue Borno, Kwara kidnap victims after Oyo schoolchildren’s release
-
Maritime5 days agoLicensed port agents back FG’s Green Tax on imported vehicles
-
Business5 days agoNCC unveils cost-sharing framework to boost broadband rollout, end repeated road excavations
-
Latest7 days agoAtiku slams presidency over Oyo school rescue ‘silence’ claim
-
Aviation5 days agoNCAA, NAMA disagree over proposed revenue sharing formula