The Naira on Tuesday continued to strengthen at both the official window and parallel market as for the second day, closing stronger compared to its performance at the parallel market.
The naira on the parallel market gained to N1,590/$1 compared to N1,600 recorded on Monday. This indicates the naira at the parallel market gained N10.
Also, the official Nigerian Autonomous Foreign Exchange (NAFEM) appreciated on Tuesday closing at N1,560.57 signifying a N36.77 gain compared to N1,597.34 it closed on Monday.
The daily turnover recorded on Tuesday was $195.13 million indicating a 38.96 percent increase from $140.45 million, quoted on Monday.
Nume Ekeghe
Follow us on:
Gbadebo Rhodes-Vivour has condemned the commercialisation of GMO seeds, warning of threats to Nigeria’s food…
Oleksandr Usyk has secured victory over Tyson Fury in Riyadh, successfully defending his heavyweight championship…
Albania plans a one-year TikTok ban from January after a schoolboy’s death sparks concerns over…
A suspect accused of killing five people by driving into a crowded Christmas market in…
A US Navy F/A-18 Hornet was mistakenly shot down over the Red Sea by the…
NNPC has reduced petrol ex-depot price to N899 per litre, sparking competition with Dangote Refinery…