The currency declined Monday at the official market.
Naira gained against the U.S. dollar at the parallel market window on Monday, according to AbokiFX.com, which collates black market rates.
This implies a N3.00 or 0.60 per cent appreciation from the N515.00 rate it traded in the previous session on Friday last week.
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.
Unsustainable economic behaviour and continued pressure on the naira, By Alex OttiFloating the naira may lead to a spike in exchange rates, but the interplay of demand and supply would force this to settle at an equilibrium.
Read more »
Ibandan: Hoodlums invade Radio Nigeria, destroy cars, property worth millions of nairaSome hoodlums have invaded Radio Nigeria in Ibadan, the Oyo State capital, DAILY POST reports. Our correspondent learnt that the radio station, christened
Read more »
Unsustainable economic behaviour and continued pressure on the naira, By Alex OttiFloating the naira may lead to a spike in exchange rates, but the interplay of demand and supply would force this to settle at an equilibrium.
Read more »
Ibandan: Hoodlums invade Radio Nigeria, destroy cars, property worth millions of nairaSome hoodlums have invaded Radio Nigeria in Ibadan, the Oyo State capital, DAILY POST reports. Our correspondent learnt that the radio station, christened
Read more »
Fathers & Figures: Osubu launches photo essay on fatherhoodRenee Osubu’s intimate portraits of black fathers include close friends, professional boxers, even a man with 18 grandchildren she bumped into at the market.
Read more »
Experts Call For Caution As CBN Plans eNairaWith an October date set for the pilot stage of the e-Naira, Central Bank of Nigeria’s planned digital currency, financial technology specialists have
Read more »