Naira down to N1,480/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,480 per dollar in the parallel market from N1,476 per dollar on Monday. But the naira appreciated to N1,420.25 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 fell to […] The post Naira down to N1,480/$ in parallel market appeared first on Vanguard News .