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    Home»Nigeria News»Naira appreciates to N1,555/$ in parallel market
    Nigeria News

    Naira appreciates to N1,555/$ in parallel market

    NigeriaNewzBy NigeriaNewzAugust 5, 2025No Comments1 Min Read
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    By Elizabeth Adegbesan

    The Naira yesterday appreciated to N1,555 per greenback within the parallel market from N1,560 per greenback final weekend.

    Equally, naira appreciated to N1,533.8 per greenback within the Nigerian International Alternate Market (NFEM).

    Information printed by the Central Financial institution of Nigeria, CBN, confirmed that the alternate charge for the naira fell to N1,533.8 per greenback from N1,535.5 per greenback final weekend, indicating N1.7 appreciation for the naira.

    Consequently, the margin between the parallel market and NFEM charge narrowed to N21.2 per greenback from N24.5 per greenback final week Friday.

    The submit Naira appreciates to N1,555/$ in parallel market appeared first on Vanguard News.



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