AGAIN Naira falls to N1,455/$ in parallel market

The naira yesterday depreciated to N1,455 per dollar in the parallel market from N1,440 per dollar last week Friday....CONTINUE.FULL.READING>>>

However, the naira fell to N1,419.86 per dollar in the Nigerian Foreign Exchange Market (NAFEM).

Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,419.86 per dollar from N1,435.53 per dollar last weekend, indicating N15.67 appreciation for the naira.

Consequently, the gap between the official and parallel market exchange rates widened to N35.14 per dollar yesterday from N4.47 per dollar last week.

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JOLOWO BUNALAYEFA PIUS is the Chief Executive Officer (CEO) for BUNADY NEWSLITE GLOBAL ENTERPRISE ( He started his Blogging/Journalism career at God's Own Wireless Company 2012. He's a graduate of Adekunle Ajasin University Akungba Akoko Ondo State, with a major in History And International Studies. You can contact him for press events, advertisement promotions on Email:

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