The naira appreciated to N1,560 against the United States dollar in the parallel market on Monday, August 11, 2025.
The naira appreciated from N1,565 per dollar recorded last Friday.
However, the local currency depreciated to N1,538.4 per dollar in the Nigerian Foreign Exchange Market (NFEM).
Police arrest four over N500m visa fraud
Data published by the Central Bank of Nigeria (CBN) showed that the exchange rate for the naira rose to N1,538.4 per dollar from N1,534.9 per dollar last weekend, indicating N3.5 depreciation for the currency.
The margin between the parallel market and NFEM rate narrowed to N21.6 per dollar from N30.1 per dollar last weekend.
The Senate of the University of Abuja has approved the expulsion of 28 students over…
Troops of the Nigerian Army under the 6 Brigade/Sector 3 of Operation Whirl Stroke have…
The Independent National Electoral Commission (INEC) has declared Joshua Ishaku of the All Progressive Congress…
The Independent National Electoral Commission has confirmed it will issue a revised timetable for the…
Candidates of the All Progressives Congress have won the House of Assembly by-elections held in…
Major opposition parties — the African Democratic Congress, New Nigeria Peoples Party and Peoples Democratic…
This website uses cookies.