Entrepreneurng.com
Sunday, July 5, 2026
  • Business News
  • Economic News
  • Editor’s Picks
  • Advertise With Us
No Result
View All Result
Entrepreneurng.com
No Result
View All Result
Home News

Naira stable at N1,600/$ in parallel market

by Tolulope Akinruli
August 24, 2024
in News
0
Naira
500
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

On Thursday, the naira stabilised at N1,600 per dollar in the parallel market.

However, the naira appreciated to N1,570.14 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1570.14 per dollar from N1,586.11 per dollar on Thursday, indicating N15.97 appreciation for the naira.

The volume of dollars traded (turnover) in NAFEM fell by 0.5 percent to $120.81 million.

Tags: Naira rate
Share200Tweet125
Tolulope Akinruli

Tolulope Akinruli

  • Trending
  • Comments
  • Latest
Prince Faisal bin Salman Al Saud

Saudi Arabia: Top 10 Richest Princes and Princesses of the Royal Family

January 4, 2025
2025 Budget: Federal Government Allocates ₦132bn to Support Farmers

2025 Budget: Federal Government Allocates ₦132bn to Support Farmers

January 4, 2025
Applications Open: Nehemiah Davis' Greatness Grant 2025 (Up to $2,500 Available)

Applications Open: Nehemiah Davis’ Greatness Grant 2025 (Up to $2,500 Available)

February 23, 2025
Sam Bankman-Fried

FTX founder Sam Bankman-Fried has been arrested in the Bahamas

19
THE CHANGING NATURE OF POWER IN THE KNOWLEDGE ECONOMY

THE CHANGING NATURE OF POWER IN THE KNOWLEDGE ECONOMY

3
RE-INVENTING MANAGEMENT IN THE KNOWLEDGE ECONOMY

RE-INVENTING MANAGEMENT IN THE KNOWLEDGE ECONOMY

2
Ethiopian Beekeepers Boost Honey Exports Through UN-Backed Initiative

Ethiopian Beekeepers Boost Honey Exports Through UN-Backed Initiative

July 5, 2026
Former Governor, Wife Join Global Agriculture Mission

Former Governor, Wife Join Global Agriculture Mission

July 5, 2026
Agripreneur Empowers Rural Farmers Through Business-Driven Agriculture

Agripreneur Empowers Rural Farmers Through Business-Driven Agriculture

June 27, 2026
Entrepreneurng.com

Copyright © 2025

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Business News
  • Economic News
  • Editor’s Picks
  • Advertise With Us

Copyright © 2025