Naira depreciates to N1,391/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,391 per dollar in the parallel market from N1,350 per dollar on Tuesday. Likewise, the naira depreciated to N1,359.5 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to […] The post Naira depreciates to N1,391/$ in parallel market appeared first on Vanguard News.

By Idowu Bankole