News Update
THE Naira has depreciated against the US dollar in both the parallel market and the Nigerian Foreign Exchange Market (NFEM).
In the parallel market, the Naira traded at N1,537 per dollar, down from N1,535 per dollar on Wednesday.
Similarly, in the NFEM, the Naira depreciated to N1,498 per dollar from N1,485.5 per dollar on Tuesday, indicating a N12.5 depreciation for the Naira.
According to data published by the Central Bank of Nigeria (CBN), the margin between the parallel market and NFEM rate narrowed to N39 per dollar from N49.95 per dollar on Tuesday.
This development reflects the ongoing fluctuations in the value of the Nigerian currency against the US dollar in both official and parallel foreign exchange markets.
News Update A female operative of the Nigeria Security and Civil Defence Corps, NSCDC, has…
News Update Explosions were heard in the Haifa area in northern Israel on Saturday following…
Osun Online Publishers Association Celebrates Comrade Sodiq Lawal of Dailyimpact on His Birthday The leadership…
Edo State Governor, Monday Okpebholo, has said he will relinquish his seat if President Bola…
THE Federal Government has unveiled a partnership initiative aimed at equipping over six million Nigerian…
News Update Twenty five members of the Osun Stateosu Hpouse of Assembly have defected from…