Naira Strengthens to N1,534/$ Post-Christmas Holiday Parallel Market: Naira Closes at N1,650/$ on Friday FX Turnover Hits N23.95 Trillion in November The Nigerian naira appreciated against the US dollar in the foreign exchange market following the resumption of work after the Christmas holidays. According to FMDQ data, the naira strengthened to N1,534 per dollar on … Read more
The naira declined against the dollar in both the official and parallel foreign exchange markets, closing the week with a downward trend. According to FMDQ data, the naira slightly weakened to N1,541.68 per dollar on Friday, compared to N1,541.38 on Thursday, reflecting a loss of N0.3. EDITOR’S PICKS Sanwo-Olu Donates N75M to Support Legionnaires and … Read more
PDP Sweeps Bayelsa, Secures Victory In All LG, Councillorship Positions. APC opts out of the election by not presenting candidates. Declaration of winners made across different local government areas, highlighting PDP’s comprehensive win. EKO HOT BLOG reports that the ruling Peoples Democratic Party (PDP) in Bayelsa State achieved a clean sweep in the local government election … Read more
Naira Falls By 2.8% To N545/$1 At Parallel Market EKO HOT BLOG reports that the naira has depreciated against the dollar at the parallel section of the foreign exchange market. This was disclosed on Friday by the Bureaux De Change (BDC) operators in Lagos. According to the BDC, the naira exchanged for N545 per dollar … Read more