Naira down to N1,400/$ in parallel market (opens original article in a new tab)

Naira weakened to N1,400 per dollar in the parallel market while strengthening to N1,356 per dollar in the official Nigerian Foreign Exchange Market.

• Naira depreciated to N1,400 per dollar in the parallel market
• Naira appreciated to N1,356 per dollar in the Nigerian Foreign Exchange Market
• Parallel market rate higher than official market rate