Naijacrux News:Welcome to Naijacrux Online Forum..Great Place To Get Tips Facts Updates and More ,Interact Discuss & Learn With Others !!.remember to register to enjoy much more update!!!New Updates From Naijacrux -Naijacrux Is Now Mobile Friendly - Download Our Android App On Our Forum Rules And Announcement Section.Our App Will be Live On Google Playstore And IOS Store Soon Aswell - CLICK HERE TO DOWNLOAD NAIJACRUX ANDROID APP !!! Dear Guest And Naijacrux Dedicated Members,!!! ,  You Can Now Receive Naijacrux Weekly New Post and Updates Via Email by Subscribing To Our Newsletter Using The Subscribe Button Above The Naijacrux Announcement And Discussion At The Top Home Page!!Never Miss A New Post And Updates Again.!Thank You.  !!!YOU ARE WELCOME TO NAIJACRUX INFORMATIVE LEARNING AND INTERACTIVE FORUM.This Website is an Intensive Forum of Learning We recommend you Register & Login to Enjoy much free stuffs ::>>Also remember to Update your Profile Immediately after registration. Thank you!>>>!!!!To All Advertisers And Patronizers, kindly Send Mail To [email protected] For adverts Placement. thanks!!!


« previous next »
Pages: [1]

Author Topic: Naira depreciates to N1,635/$ in parallel market  (Read 342 times)

0 Members and 1 Guest are viewing this topic.

Offline punch

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1771
  • Karma: +0/-0
Naira depreciates to N1,635/$ in parallel market
« on: May 15, 2025, 08:23:54 AM »
Advertisement
BOOK INTERNATIONAL FLIGHTS TICKETS LOCAL FLIGHTS HOTELS BOOKINGS WORLDWIDE AND MORE AT CHEAPEST RATE EVER! CLICK HERE TO BOOK YOUR FLIGHT AND RECEIVE YOUR FLIGHT TICKET INSTANTLY
Naira depreciates to N1,635/$ in parallel market

Naira

By Elizabeth Adegbesan





The naira yesterday depreciated to N1, 635 per dollar in the parallel market from N1,625 per dollar on Tuesday.





The Naira has recorded a 1.8 percent or N29 depreciation in the parallel market from the beginning of this month till date.





However, the Naira appreciated to N1,596 per dollar in the Nigerian Foreign Exchange Market (NFEM),
Data published by the Central Bank of Nigeria, CBN showed that the exchange rate for the naira fell to N1,596 per dollar from N1,599.8 per dollar on Tuesday, indicating a N3.8 appreciation for the naira.





Consequently, the margin between the parallel market and NFEM rate widened to N39 per dollar from N25.2 per dollar on Tuesday.


The post Naira depreciates to N1,635/$ in parallel market appeared first on Vanguard News.


Source: Naira depreciates to N1,635/$ in parallel market

Report to moderator   Logged


 
BOOK INTERNATIONAL FLIGHTS TICKETS LOCAL FLIGHTS HOTELS BOOKINGS WORLDWIDE AND MORE AT CHEAPEST RATE EVER! CLICK HERE TO BOOK YOUR FLIGHT AND RECEIVE YOUR FLIGHT TICKET INSTANTLY
Pages: [1]
« previous next »
 

FCMB Capital Markets tops FMDQ Sponsors’ League Table in 2025 with N1.53 trillion in Debt Capital Market Transactions

Started by lindaikeji

 Replies: 0
Views: 199 		Last post April 02, 2026, 06:31:38 AM
by lindaikeji
Market impact and the modern trader: How execution infrastructure shapes the modern trading experience

Started by internet police

 Replies: 0
Views: 35 		Last post June 30, 2026, 11:05:51 AM
by internet police
EU, ECOWAS pitch Nigeria as gateway to 400m West African, 1.4b African consumer market

Started by Postmaster

 Replies: 0
Views: 33 		Last post June 28, 2026, 03:04:50 PM
by Postmaster
#ArewaEconomy (2): How Kano’s largest textile market remains afloat despite rising costs, shrinking demand in Nigeria

Started by Naijaloaded

 Replies: 0
Views: 33 		Last post June 28, 2026, 09:32:49 PM
by Naijaloaded
Nigeria Boko Haram members invade Borno market, kill scores, steal foodstuffs

Started by mastercode

 Replies: 0
Views: 3352 		Last post September 20, 2014, 06:17:30 AM
by mastercode