By Modupe Gbadeyanka
The local currency traded flat at the parallel segment of the foreign exchange (forex) market on Wednesday.
The Naira, which was sold at N364 to a Dollar on Tuesday, remained at the same rate yesterday, while the local currency, exchanged at N507 to the Pound on Tuesday, closed at the same amount on Wednesday.
Also, the Nigerian legal tender, which was transacted at N448 per Euro two days ago, settled at N448 at the close of business yesterday.
At the Investors’ and Exporters’ forex (I&E FX) window yesterday, the Naira was exchanged at N360 yesterday, while at the CBN window, it was sold at N353.23 per Dollar.
However, at the same segment, the Pound was sold for N492.24 against N491.93 the previous day, while it went for N430.60 per Euro compared with N431.54 a day earlier.
more recommended stories
21 Nigerian Stocks Weaken Index by 0.07%
By Dipo Olowookere Transactions at the.
FrieslandCampina’s Heavy Loss Shrinks NASD OTC by 2.29%
By Adedapo Adesanya Trading activities on.
Naira Extends Gains at Investors’ Window by 0.12%
By Adedapo Adesanya, Ahmed Rahma The.
Fresh Hopes of US Stimulus, Weaker Dollar Favour Crude Oil
By Adedapo Adesanya Oil prices closed.
FIRS Blames #EndSARS, Others for 2020 Revenue Target Shortfall
By Adedapo Adesanya The Federal Inland.
Kebbi Renovates Central Market With N2bn
By Ahmed Rahma Over N2 billion.
Mobile Operators Link 47.8 million NINs to Subscribers’ SIM Cards
By Dipo Olowookere A total of.
Investment in Digital Agriculture will be Game-Changer—Pantami
By Dipo Olowookere The Jigawa State.