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 now exchanging at N1,040 to a Dollar in parallel 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 now exchanging at N1,040 to a Dollar in parallel market
News

Naira now exchanging at N1,040 to a Dollar in parallel market

Godson
Last updated: October 12, 2023 7:57 am
Godson
Published: October 12, 2023
Share
SHARE

The Naira is now exchanging at N1,040 to a Dollar in parallel market.

Nairametrics reported that the ongoing trend of demand surpassing supply seems to be a contributing factor and forex traders have been reporting inflow quotes ranging from N1,035 to N1,045 per dollar, indicating heightened scarcity.

The official trade rate remains at N776.8/$1, highlighting a notable disparity between the experiences of Nigerians in official and unofficial channels.

You Might Also Like

INEC pledges to conduct ‘freest, fairest election in Africa’
Putin visits troops in occupied Ukranian territories, meets with senior commanders and gifts them an icon of Jesus (photos/Video)
UAE airline set to resume Nigeria flights soon – Festus Keyamo
Tinubu Okays Release Of Four Months Withheld Lecturers’ Salaries
Tinubu Meets Bill Gates, Dangote

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
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Any woman who insists you must do a court wedding is a red flag – Nigerian man tells men
  • Rapper Lil Nas X arrested, hospitalized after reports of possible overdose
  • Troops repel terrorist attack in Borno, k!ll two ISWAP commanders and 5 others
  • Trump steps back from direct role in Russia-Ukraine peace negotiations
  • Southeast better after Simon Ekpa’s arrest – Chief of Defence Staff, General Musa

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
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?