Trading at the parallel market saw the naira closed at N362 to the dollar, while the Pound Sterling and the Euro closed at N514 and N445, respectively.
The News Agency of Nigeria reports that the Nigerian currency lost 20 kobo from N361 earlier traded before the Easter break.
At the parallel market, the naira traded at N360.20 to the dollar, while the Pound Sterling and the Euro closed at N502 and N404, respectively.
The News Agency of Nigeria reports that the figure has been stable in the past two weeks.
The Naira also closed against the euro at N481 at same market in Lagos.
Prof. Uche Uwaleke, the Head of Banking and Finance Department, Nasarawa State University Keffi, expressed the view in an interview with the News Agency of Nigeria in Abuja on Monday.
The Company said the scholarship has become an annual event meant to contribute to the educational development of the people and the area and position them in right place in the scheme of things in Ogun state and Nigeria in general.
However, it was sold at N363 to the dollar at the parallel market, while the Pound Sterling and the Euro closed at N505 and N442 respectively.
Data received from the CBN on Friday revealed that the sum was in favour of the agricultural, airlines, petroleum products and raw materials and machinery sectors.
The flour and pasta maker will offer 1.47 billion shares at N27 apiece, an 18.2 per cent discount to Thursday’s market price of N33.
The spokesman stated that the suspects violated Sections 20 and 21 of the CBN Act that made selling or hawking of Naira notes an offence.
At the Bureau De Change window, the Naira traded at N362 to the Dollar, slightly lower than the parallel market rate, while the Pound Sterling and the Euro closed at N475 and N420.
Alhaji Shu’aibu Ibrahim, the Chairman of the council, told the News Agency of Nigeria in Koko on Friday that crop worth millions of Naira were razed.
The Acting Director, Corporate Communications Department, CBN, Isaac Okorafor in a statement said $100 million was offered to the wholesale segment, while the Small and Medium Enterprises segment got an allocation of $55 million.
The Nigerian currency had exchanged at N520 to the dollar at the peak of onslaughts by currency speculators before the CBN stated intervening by injecting foreign exchange in the market
Traders told NAN that patronage at the market was slow as they awaited the outcome of the Monetary Policy Committee meeting of the Central Bank of Nigeria
In anticipation of Sallah holiday, the Central Bank of Nigeria on Thursday raised the total intervention for the week to…
Traders at the market said uncertainty on the exchange rate permeated trading as buyers exercised great caution
The Nigerian currency gained two points to trade at N363 to the dollar on Tuesday at the parallel market in Lagos, stronger than N365 posted on Monday.
The Nigerian currency gained one point to exchange at N365 to the dollar at the parallel market, stronger than N366 posted on Friday, while the Pound Sterling and the Euro traded at N475 and N420, respectively.