File photo of naira and dollar notes
Representing an N20 increase within a day, the Nigerian naira appreciated against the U.S. dollar in the parallel market on Friday, closing at N1,610/$1.
The naira closed at N1,630/$1 on Thursday.
The euro also saw a drop, closing at N1,655/€1, marking a 0.91% appreciation of the naira against the European currency.
READ ALSO: Sri Lanka Records Highest Deflation In 65 Years
The British pound weakened slightly against the naira, trading at N2,000/£1 on Friday, down from N2,010/£1 the previous day—a 0.50% decline.
The development comes as the Central Bank of Nigeria (CBN) reported an official exchange rate of N1,493/$1 as of Thursday.
On Friday, the CBN’s rates indicated that the naira is trading at N1,507.40/$1 (buying rate) and N1,508.40/$1 (selling rate).
The victory ensured Portugal headed into the World Cup on the back of successive wins,…
The operation was launched in response to recent kidnapping incidents in the Paze community of…
The Command urged members of the public to verify security-related information through official channels before…
They lamented that innocent citizens are being killed, abducted and displaced while government efforts to…
Meanwhile, former NNPCL Chief Financial Officer, Umar Ajiya Isa, rejected claims that ₦210 trillion was…
The matter was adjourned till June 17, 2026, for the continuation of the trial.