Naira Stabilises At N485 Per Dollar At Parallel Market

Hamilton Nwosa
Writer

Ad

An Unusual View Of Banditry, By Azu Ishiekwene

Zamfara State Governor, Dauda Lawal, is hardly in the news. Lawal has enough on his plate in a region struggling with banditry and insurgency, and in a state whose political heavyweights oppose him over political differences. He has learned to mind the state’s business, hardly ever throwing stones except when attacked by Abuja politicians who…

FBI Release Information About Suspects Linked to Murder of Charlie Kirk

FBI receives more than 130 tips Officials have received more than 130 tips, as of this morning. "I assure you that all leads and tips are being fully investigated," said Robert Bohls, special agent in charge of the FBI's Salt Lake City field office. He asked that anyone with video or images from the shooting…

Jubilation as Abuja court jails Ansaru leader Mahmud Usman 15 years for terrorism

By Obinna Uballa A Federal High Court in Abuja has sentenced Mahmud Usman, a top commander of the proscribed Ansaru sect, to 15 years in prison after he pleaded guilty to terrorism-related charges. Usman, widely known by his aliases Abu Bara’a, Abbas, and Mukhtar, admitted to engaging in illegal mining and funnelling the proceeds into…

Ad

The Nigerian currency (Naira) yesterday remained stable at the parallel market, exchanging at N485 to a dollar while the Pound Sterling and the Euro closed at N602 and N515, respectively.

At the interbank market, the Naira also remained stable at N305.50 to a dollar.

Trading at the Bureau De Change (BDC) window saw the Naira sold at N399 to a dollar, CBN controlled rate, while the Pound Sterling and the Euro exchanged at N606 and N515, respectively.

Traders at the market said that the scarcity of dollar persisted, leading to slow activities.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp