Naira depreciates to N410/$ at parallel market – Daily Trust

Nigeria News News

Naira depreciates to N410/$ at parallel market – Daily Trust
Nigeria Latest News,Nigeria Headlines
  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Naira depreciates to N410/$ at parallel market

As the raging Coronavirus continues its huge toll on the global economic system, particularly for oil exporting countries, the Naira on Thursday depreciated by 9% in exchange for the dollar at the parallel market, slumping to N410/$.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily Trust /  🏆 13. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crude price slump: Group urges FG against naira devaluation – Daily TrustA civil society group, Social Integrity Network (SINET), has advised the Federal Government not to succumb to pressure to devalue the national currency in response to the current oil price crash in the global market over the ravaging coronavirus (COVID-19) outbreak. SINET said the global oil price crash was a temporary scenario orchestrated by the …
Read more »

Faltering oil prices, FDI set naira, 2020 budget on risky pathsFaltering oil prices, FDI set naira, 2020 budget on risky pathsThe country’s ability to attract sustainable foreign direct investments has remained weak as the bulk of imported capital continues to be dominated
Read more »

I plan to make ‘Marlians’ global movement – Naira MarleyI plan to make ‘Marlians’ global movement – Naira Marley“The future of Naira Marley looks bright. I’m not going to stop making good music for 'Marlians'.
Read more »

Watch: Naira Marley Talks About How He Started Making MusicWatch: Naira Marley Talks About How He Started Making MusicHate him or love him but Azeez Fashola professionally known as Naira Marley is one Nigerian musician that is constantly in your face and hearing.
Read more »

Crude price slump: Group urges FG against naira devaluation – Daily TrustA civil society group, Social Integrity Network (SINET), has advised the Federal Government not to succumb to pressure to devalue the national currency in response to the current oil price crash in the global market over the ravaging coronavirus (COVID-19) outbreak. SINET said the global oil price crash was a temporary scenario orchestrated by the …
Read more »

Stock Market: Investors lose ₦457bn as market capitalization continues free fall – Daily TrustStock Market: Investors lose ₦457bn as market capitalization continues free fall – Daily TrustTrading on the floor of the Nigerian Stock Exchange (NSE) continues its negative streak as investors lost ₦457 billion, forcing market capitalization to drop to ₦11.8trillion on Thursday.
Read more »



Render Time: 2025-04-06 15:49:43