Business

Naira to dollar across official, black markets

News Update

THE naira depreciated against the dollar across official and parallel foreign exchange markets to end the week on a negative note on Friday.

The Central Bank of Nigeria’s data showed that the naira dropped against the dollar on Friday to N1,528.56 from N1,525.83 exchanged on Thursday.

This showed that the naira fell by N2.73 against the dollar on a day-to-day basis.

Similarly, at the black market, the naira dropped against the dollar to N1,570 on Friday from N1,560 exchanged the previous day.

VAM News

Recent Posts

Lagos 2027: Sanwo-Olu Picks APC Governorship candidate

News Update Lagos State Governor, Babajide Sanwo-Olu, has endorsed his deputy, Obafemi Hamzat, as his…

4 hours ago

2027: Most preferred Lagos Governorship consensus ‘candidate’ revealed

President Bola Tinubu has reportedly chosen Lagos Deputy Governor, Obafemi Hamzat, as the preferred candidate…

4 hours ago

NAPTIP rescues 17-year-old trafficking victim

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has received and taken…

6 hours ago

US warns Nigerians on visa overstay risk

The United States Mission in Nigeria has cautioned that visa overstays by Nigerian travellers could…

6 hours ago

Kano Assembly approves Garo as Deputy Gov

Kano State House of Assembly has confirmed Murtala Sule Garo as the new Deputy Governor…

7 hours ago

Army recovers over N250m worth of products

Troops of the 6 Division, Nigerian Army, working alongside other security agencies, have stepped up…

7 hours ago