Uncategories Naira Depreciates To N1,520/$ In Parallel Market

Sunday, 26 May 2024



Naira Depreciates To N1,520/$ In Parallel Market

May 26, 2024

However, the Naira appreciated to N1,482.81 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

 Naira

On Friday, the Naira's value dropped in the parallel market to N1,520 per dollar, down from N1,515 per dollar on Thursday.


However, the Naira appreciated to N1,482.81 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,482.81 per dollar from N1,485.66 per dollar on Thursday, indicating N2.85 appreciations for the naira.

The market recorded an intraday high of N1,511 per dollar and an intraday low of N1,400 per dollar, resulting in a bearing of N111 per dollar.

The volume of dollars traded (turnover) increased by 35.7 percent to $556.25 million from $167.55 million the previous day.

Consequently, the margin between the parallel market and NAFEM rates widened to N37.19 per dollar from N29.34 per dollar on Thursday. 

 

OR


3.               CLICK HERE TO DOWNLOAD Tony Gists Entertainment application 

       

 4.                               CLICK HERE TO DOWNLOAD Nysc dating app


5.                              CLICK HERE TO DOWNLOAD TonyGists App 3


 

6.                      CLICK HERE TO DOWNLOAD Honest Web Solution

Subscribe to Tonygists by Email

 

 

πŸ‘‰ Follow Tonygists on Facebook
https://www.facebook.com/tonygiststv

πŸ‘‰ FOLLOW TONYGISTS ON AUDIOMACK
https://audiomack.com/tonygists

πŸ“Έ FOLLOW TONY GISTS ON INSTAGRAM;
https://instagram.com/tonygists

πŸ‘ LIKE TONY GISTS FACEBOOK PAGE:
https://www.facebook.com/tonygists2

πŸ’Œ CONTACT OFFICIAL TONY GISTS
Tony@tonygist.com or
tonygists2@gmail.com

🐦 FOLLOW US ON TWITTER
https://twitter.com/tonygists1

πŸ”” SUBSCRIBE BELOW
https://www.youtube.com/channel/UCcQcUQOsXxHo4t82UyjqtuQ

πŸ”” Subscribe to honest web solution on youtube:

 https://bit.ly/37AJMEK

πŸ’Ÿ CHAT TONY GISTS ON WHATSAPP
https://wa.me/message/I74BWBVZPQQGC1


✔️ JOIN OUR WHAT'S APP GROUP:
https://chat.whatsapp.com/5McXqrChiwP5uiWO52Rkt7

Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist

Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world

Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists

Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists

Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose

Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions

Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists


© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.
TonyGists

Share This Post Via

Related Posts

Next
« Prev Post
Previous
Next Post »

Subscribe to: Post Comments (Atom)

Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 


 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
 
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

Ads