Featured

Naira loses marginally against dollar at parallel market

By Aliyu DANLADI

The Naira on Monday lost 50 kobo to close at N360.5 to the dollar, weaker than N360 posted on Friday at the parallel market in Lagos.

The Pound Sterling and the Euro closed at N480 and N417, respectively.

At the Bureau De Change (BDC) window, the Naira was sold at N360 to the dollar, while the Pound Sterling and the Euro closed at N480 and N417, respectively.

Trading at the investors’ window saw the Naira closed at N364. 09, while the market turnover stood at 168.96 million dollars.

Currency traders opined that the build up to the 2019 general elections made the market vibrant due to increase in patronage.

Related posts

FG begins installation of solar power project in Makoko community  

Editor

FRSC partners DPR in Ogun to ensure safety of lives on highways

By Aliyu DANLADI

Nigeria at 60: Govt plans special awards for worthy Nigerians

Our Reporter

2021 budget: MDAs get N20bn for electricity, local contractors

Our Reporter

AGHAN Partners NCAA To Set Minimum Safety Threshold Handling Rates

Our Reporter

Nigeria records 18,000 cases of COVID-19 from inbound travellers

Our Reporter