NEWS

“Emilokan” Naira Now Exchanging At N1,500/$ In Parallel Market

Published

4 months ago

January 30, 2024

The Naira on Monday, January 29, was exchanged at N1506/$ from the N1,410 it sold for the previous day in parallel markets.

At the official market, the Naira exchanged at N1,349 from the N891.90/$ it traded the previous day. The window also saw an intra-high of N1,410.

This was recorded amid the release of $500 million by the Central Bank of Nigeria (CBN) to various sectors to address the backlog of verified foreign exchange (forex) transactions

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Related Topics:exchange rate Naira Dollar

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Godwin Chi

Ojogwu Godwin Chukwudi hailed from Delta State. A young talented personality, Alumnus of Delta State university,Abraka Studied Library and information science. He is an intellectual cyber communicator expert and a prolific blogger professional.