23.7 C
Lagos
Monday, October 3, 2022

Naira falls to 555/dollar in parallel market

Must read

Humanitarian Minister solicits more effort towards addressing the menace of drugs and substance abuse

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq has stated that the nation needs to put in more efforts...

Photos: Humanitarian Ministry Trains Staff On Preventing and Countering Of Violence Extremism

The Ministry of Humanitarian Affairs, Disaster Management and Social Development, has on Wednesday, trained its staff on Preventing and  Countering Violence Extremism (PCVE) in...

Photos: Tinubu Absent As Presidential Candidates Sign Peace Pact

The presidential candidate of the All Progressives Congress, Bola Tinubu, was absent on Thursday as the presidential candidates of other political parties were physically...

How Top Officials Of Oil Company, NNPC Limited Engage In Massive Contracts Fraud, Multi-billion Dollars Corruption

Leading the alleged corrupt acts according to some concerned Nigerians is Bala Wunti, the Group General Manager, National Petroleum Investment Management Services (NAPMS). Some top...

The Naira fell to 555 per Dollar at the parallel market on Monday, Nov. 22.

The Nigerian currency had recently fallen to 575 per dollar but it peaked last week at 530 per dollar.

However, on Monday, it fell again, sliding to 550 Naira per dollar in the parallel market as demand for dollars increases.

At the Central Bank of Nigeria’s Investor & Exporter Window, the naira fell by 0.16 per cent to close at 415.07/dollar after reaching a new high of N445.75.

However, the CBN maintained 411.63/dollar as the official rate on its website.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -

Latest article

Humanitarian Minister solicits more effort towards addressing the menace of drugs and substance abuse

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq has stated that the nation needs to put in more efforts...

Photos: Humanitarian Ministry Trains Staff On Preventing and Countering Of Violence Extremism

The Ministry of Humanitarian Affairs, Disaster Management and Social Development, has on Wednesday, trained its staff on Preventing and  Countering Violence Extremism (PCVE) in...

Photos: Tinubu Absent As Presidential Candidates Sign Peace Pact

The presidential candidate of the All Progressives Congress, Bola Tinubu, was absent on Thursday as the presidential candidates of other political parties were physically...

How Top Officials Of Oil Company, NNPC Limited Engage In Massive Contracts Fraud, Multi-billion Dollars Corruption

Leading the alleged corrupt acts according to some concerned Nigerians is Bala Wunti, the Group General Manager, National Petroleum Investment Management Services (NAPMS). Some top...

FG Committed To Improving The Quality Of Life Of Persons With Disabilities

The Honourable Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has on Monday reiterated President Muhammadu Buhari’s total commitment to...