Naira depreciates to N1,520/$ in parallel market

Naira depreciates to N1,520/$ in parallel market

The Naira on Friday, Might 24, depreciated to N1,520 per greenback from N1,515 per greenback recorded on Thursday, Might 23, within the parallel market. 

It was nonetheless appreciated to N1,482.81 per greenback within the Nigerian Autonomous International Trade Market (NAFEM). 

Information from FMDQ confirmed that the indicative change price for NAFEM fell to N1,482.81 per greenback from N1,485.66 per greenback recorded on Thursday, indicating N2.85 appreciation. 


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