Business
Dollar depreciates against Naira at parallel market
The Naira gained 40k against the dollar at the end of Friday trading, exchanging at N359.6 stronger than N360 traded on Thursday.
The Pound Sterling and the Euro closed at N469 and N413 respectively.
At the Bureau De Change (BDC) window, the Naira exchanged at N360 to the dollar, while the Pound Sterling and the Euro closed at N469 and N413 respectively.
Trading at the investors’ window showed that the naira gained 30k to close at N362.50 from N362.53 traded on Wednesday, posting a turnover of 606.21 million dollars, while the Naira was sold at N306.10 at the Central Bank of Nigeria (CBN) official rate.
National Daily gathered that the Naira had remained stable at the foreign exchange market, due largely to the series of interventions by the apex bank.
-
Football2 days agoArgentine presenter Florencia Peña resigns after false on-air report about Lionel Messi’s father
-
Business4 days agoNigeria launches FreeTV digital platform with over 100 free channels
-
Featured1 week agoTwo arrested after England team equipment stolen ahead of World Cup opener
-
Business2 days agoAward-winning Mitsubishi L200 gets anniversary price cut in Nigerian market
-
Latest6 days agoBREAKING: Court orders INEC to deregister ADC, Accord Party, others ahead of 2027 elections
-
News6 days agoObisesan empowers students, farmers others in Efon, receives praises from beneficiaries
-
Latest1 week agoPolitical tension in Osun as Adeleke accuses APC over attack on Osogbo monarch
-
Business1 week agoCedric Masters wins prestigious ‘indigenous auto enterprise’ award at Motoringworld anniversary