By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NewsunplugNewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Reading: Naira depreciates to N1,300 per dollar in official market
Share
Notification Show More
Font ResizerAa
Font ResizerAa
NewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Search
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Have an existing account? Sign In
Follow US
Newsunplug > Blog > News > Naira depreciates to N1,300 per dollar in official market
News

Naira depreciates to N1,300 per dollar in official market

Godson
Last updated: April 24, 2024 7:42 am
Godson Published April 24, 2024
Share
SHARE

The Naira depreciated on Tuesday, April 23, in the Nigerian Foreign Exchange Market, NAFEM, to N1,300.15 per dollar, exceeding the parallel market rate by N45.15.

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,300.15 per dollar from N1,234.49 per dollar last week Friday, indicating N65.66 depreciation for the naira.

Similarly, the Naira depreciated to N1,255 per dollar in the parallel market, from N1,1250 per dollar on Monday, April 22.

Consequently, the margin between the parallel market and NAFEM rates increased to N45.15 per dollar from N15.51 per dollar the previous day.

You Might Also Like

Return Home For Census, IPOB Urges Igbo

No discrepancies in 2023 Presidential election results, they are valid and authentic – INEC

EFCC Disowns Lawyer Prosecuting Stella Oduah

We have done well in policing the electoral process – IGP Alkali Baba

Fayose threatens to sue PDP for suspending him, demands an apology

Quick Link

  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Share This Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0

Recent Posts

  • He will be a great coach – Wenger to meet ex-Arsenal captain, Fabregas
  • 21-year-old lady found d3ad inside gutter in Lokoja
  • If I become president, I won’t rule by decree, Nigerians will feel the difference — Peter Obi
  • Troops neutralise two ISWAP terrorists planting IEDs on Borno highway
  • “Never give up” — Woman who underwent womb transplant in 2024 welcomes baby girl

Recent Comments

No comments to show.

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Top Categories

  • Entertainment

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© 2023 Newsunplug | All Rights Reserved.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?