TRENDING
Airlines threaten shutdown over unions’ disruptions, demand inclusion in MMIA reconstruction • Oil refining boom needs bigger upstream engine • QB3 Case Keenum, Bears defense shock Eagles in MNF rout • When will court act? Douglas Kanja dodges jail over roadblocks • Chinese investors eye Ethiopia’s ICT sector as Xinye Special Steel launches major aluminum plant • FRSC Corps Marshal, experts to tackle youth mental health at 4th Vanguard summit • Bala Wunti to FG: Don’t Export Our 44 Minerals Raw, Use Them to Create Wealth, Jobs • Makinde: I’ll Reset Nigeria, Provide New Security Architecture in Four Years • Itsekiri Leader Pleads with FG over Abandoned Koko-Ogheye-Epe-Lagos Coastal Highway • We Must Sacrifice to Build a Country of Our Dream, Sheriff Oborevwori Tells Nigerians • Bagudu: Nigeria Must Scale Budget Size, Mobilise Resources for $1trn Economy • Oil Theft: Nigerian Navy Recovers 33,800 Litres of Petroleum Products in Rivers • Tinubu Celebrates DG of APC Presidential Campaign Council, Senator Abdulaziz Yari At 58 • Tinubu: We’ve Created 650,000 Jobs Via National MSME Clinics In 19 States And FCT • DSS Secures Death Sentence for Dan Iyali, the Suspect in Sokoto Kidnap, Murder Trial • Atiku Won’t Be Absentee President, ADC Assures Nigerians Ahead of 2027 Elections • Ground Handlers at Airports Withdraw Services to Xejet Airlines • Oyebanji Clears Deck Ahead Second Term, Dissolves Many Boards, Relieves Appointees • Presidency: Govt Set to Lift 5m Nigerians Out of Poverty Skills Acquisition Platforms • FG Seeks Greater Results, Accountability for Health Spending • Airlines threaten shutdown over unions’ disruptions, demand inclusion in MMIA reconstruction • Oil refining boom needs bigger upstream engine • QB3 Case Keenum, Bears defense shock Eagles in MNF rout • When will court act? Douglas Kanja dodges jail over roadblocks • Chinese investors eye Ethiopia’s ICT sector as Xinye Special Steel launches major aluminum plant • FRSC Corps Marshal, experts to tackle youth mental health at 4th Vanguard summit • Bala Wunti to FG: Don’t Export Our 44 Minerals Raw, Use Them to Create Wealth, Jobs • Makinde: I’ll Reset Nigeria, Provide New Security Architecture in Four Years • Itsekiri Leader Pleads with FG over Abandoned Koko-Ogheye-Epe-Lagos Coastal Highway • We Must Sacrifice to Build a Country of Our Dream, Sheriff Oborevwori Tells Nigerians • Bagudu: Nigeria Must Scale Budget Size, Mobilise Resources for $1trn Economy • Oil Theft: Nigerian Navy Recovers 33,800 Litres of Petroleum Products in Rivers • Tinubu Celebrates DG of APC Presidential Campaign Council, Senator Abdulaziz Yari At 58 • Tinubu: We’ve Created 650,000 Jobs Via National MSME Clinics In 19 States And FCT • DSS Secures Death Sentence for Dan Iyali, the Suspect in Sokoto Kidnap, Murder Trial • Atiku Won’t Be Absentee President, ADC Assures Nigerians Ahead of 2027 Elections • Ground Handlers at Airports Withdraw Services to Xejet Airlines • Oyebanji Clears Deck Ahead Second Term, Dissolves Many Boards, Relieves Appointees • Presidency: Govt Set to Lift 5m Nigerians Out of Poverty Skills Acquisition Platforms • FG Seeks Greater Results, Accountability for Health Spending
Naira dips, now N1,382/$ in parallel market
Back to Home

Naira dips, now N1,382/$ in parallel market

Vanguard Nigeria about 1 hour 1 mins read
dollar

By Elizabeth Adegbesan 

The Naira yesterday depreciated to N1,382 per dollar from N1,378 in the parallel market last weekend. Similarly, the naira depreciated to N1,331.5  per dollar in the Nigerian Foreign Exchange Market,  NFEM.

Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,331.5 per dollar from N1,330 per dollar last weekend, indicating N1.5 depreciation for the naira.

Consequently, the margin between the parallel and official markets widened to N50.5 per dollar from N48 per dollar last week Friday.

The value of interbank turnover in NFEM declined by 77.7 percent to $24.73 million from $111.06 million last weekend.

The post Naira dips, now N1,382/$ in parallel market appeared first on Vanguard News.

This article was sourced from an external publication.

Share this article
OneClick Africa Logo

Africa's premier digital hub for impactful news, entertainment, and business insights.

© 2026 OneClick Africa. All rights reserved.