NAFEM Archives

Naira appreciates to N1245/$ in parallel market

The Naira on Friday appreciated to N1,245 per dollar in the parallel market, from N1,250 per dollar on Thursday. The naira also appreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,251.05 per dollar. NAFEM’s implied exchange rate on Thursday was N1,251.05 per dollar as against N1,255.07 at the beginning of the week indicating an […]

monwubukepdnlimited-com
6th April 2024
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Banking

NAFEM: Dollar supply hits 180% as banks sell $440m

The official Nigerian Autonomous Foreign Exchange Market saw a 180.59 per cent increase in dollar supply on Friday, reaching $440.13 million. This comes as the naira completed the week at N1435.53/$ on Friday. FMDQ Security Exchange data shows that FX turnover increased from $156.86 million on Thursday to $440.13 million on Friday, a 180.59 per […]

bfatoyepdnlimited-com
5th February 2024
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53 Views

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Tag: NAFEM

Naira appreciates to N1245/$ in parallel market

NAFEM: Dollar supply hits 180% as banks sell $440m

Apple’s ‘F1’ races to top at weekend box.

Trump confirms buyer found for TikTok’s US operations

Meristem projects oil, banking sector gains amid rising.

Google prepares iOS launch for YouTube Create

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