Naira Rises To N1,515/$ In Parallel Market

The Naira appreciated in the parallel market yesterday, trading at N1,515 per dollar compared to N1,518 per dollar on Tuesday.

Similarly, the Naira appreciated to N1,486.8 per dollar in the Nigerian Foreign Exchange Market (NFEM).

Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to N1,486.8 per dollar from N1,493.2 per dollar on Tuesday, indicating N6.4 appreciation for the naira.