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

Shekarau sacked as senator-elect by Supreme Court

Service Chiefs Get Senate’s Nod, Vows To Tackle Insecurity

Reps Commend JAMB Over Technology Deployment For UTME

I did nothing wrong – Suspended Adamawa REC writes IGP from hiding

Presidential election tribunal begins hearing today

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

  • Your sins can’t be forgiven even if you join us – APC tells Fubara
  • Seven people killed as severe weather lashes South AfricaSeven people killed as severe weather lashes South Africa
  • Former Chelsea owner, Roman Abramovich breaks three-year silence on being forced to sell the club
  • Sokoto police confirm six k!lled in suspected Eid bomb blast
  • Women didn’t let me rest even when they knew I was married – Charly Boy

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?