Naira Stabilises At N485 Per Dollar At Parallel Market

Hamilton Nwosa
Writer

Ad

Ex-AGF Malami confirms EFCC summons, vows to honour invitation

By Obinna Uballa Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), has confirmed that he has been invited by the Economic and Financial Crimes Commission (EFCC) and pledged to appear before the anti-graft agency. In a statement on his personal Facebook page on Friday, Malami described himself as a law-abiding citizen…

Kidnappings Surge Across Nigeria: Pregnant eoman, students, clerics, others abducted amid rising insecurity

By Obinna Uballa Nigeria is facing a renewed wave of kidnappings and armed attacks, with incidents reported across Niger State, the Federal Capital Territory (FCT), Delta, and Kogi, highlighting the persistent insecurity threatening rural and urban communities alike. Niger State: Pregnant Woman Among 24 Abducted Exactly one week after at least 303 students were abducted…

Trump vows to shut door on ‘Third-World’ migration after killing of National Guard soldier

By Obinna Uballa United States President Donald Trump on Thursday pledged to suspend migration from what he described as “Third World countries,” a day after an Afghan national allegedly carried out an ambush attack that left a National Guard soldier dead in Washington, D.C. The announcement, delivered in a charged social-media post, marks one of…

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

X whatsapp