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 Muhammadu Buhari Media Office has denied reports linking the former president to the alleged…
Troops of Operation HADIN KAI have arrested a Nigerian Army soldier declared wanted for allegedly…
The operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted ammunition concealed in…
The operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted illicit drugs worth…
The operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a 55-year-old businessman,…
Kaduna State Governor, Uba Sani, has flagged off the distribution of 500 trucks of free…
This website uses cookies.