Business News

Naira depreciates to N1,300/$ in official market

by Tolulope Akinruli

The Nigerian Foreign Exchange Market, or NAFEM, saw the Naira fall to N1,300.15 per dollar yesterday, topping the parallel market rate by N45.15. According to FMDQ data, the indicative exchange rate for NAFEM increased to N1,300.15 per dollar from N1,234.49 per dollar last week Friday, implying a depreciation of N65.66. Similarly, the note fell to N1,255 per dollar in the parallel market from N1,1250 on Monday. Naira As a result, …

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CBN slashes BDC exchange rate to N1, 036.3/$

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Yahaya Bello withdrew $720,000 from govt account to pay child’s school fees – EFCC

The Economic and Financial Crimes Commission (EFCC) said Yahaya Bello, the beleaguered former governor of …

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Official Exchange Rate Falls 17.4% in 5 Days, Hits Month-to-Date Low of N1300/$1

Naira depreciates to N1,300/$ in official market
How Remi Tinubu saved me from media blackmail—Adeleke
Kano tomato farmers lose over N2bn to caterpillar invasion
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Dana Air: Lagos airport runway shut, NSIB retrieves flight recorder

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Naira depreciates to N1,300/$ in official market
How Remi Tinubu saved me from media blackmail—Adeleke
Kano tomato farmers lose over N2bn to caterpillar invasion