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Naira appreciates to N1,412/$ in parallel market

Naira appreciates to N1,412/$ in parallel market

By GhanaSummary NewsroomNigeria

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,412 per dollar in the parallel market from N1,420 per dollar on Monday.

Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,382 per dollar from N1,380.

But the naira depreciated to N1,382 per dollar in the Nigerian Foreign Exchange Market, NFEM .

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