Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»Business»Naira depreciates to N1030/$ in Parallel market, Gains in I&E
Business

Naira depreciates to N1030/$ in Parallel market, Gains in I&E

meridianspyBy meridianspyOctober 13, 2023No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Naira-and-Dollars-
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

The naira yesterday depreciated to N1,030 per dollar in the parallel market from N1,010 per dollar on Wednesday.

However, the naira appreciated in the Investors and Exporters, I&E, window yesterday to N759.2 per dollar.

Data from FMDQ showed that the indicative exchange rate for the I&E window fell to N759.2 per dollar from N776.8 per dollar on Wednesday, indicating N17.16 appreciation for the naira.

Consequently, the gap between the official and parallel market exchange rates widened to N270.8 per dollar yesterday from N233.2 per dollar on Wednesday

Related posts:

  1. Traders, Supermarkets, Others Begin to Reject Old Naira Notes ahead of CBN Deadline
  2. Naira redesign: Bank operators Kick over CBN alleged hoarding of new notes
  3. Oil Refinery Investor backs FG’s Subsidy Removal
  4. I Won’t Mind ‘Fighting’ Kwankwaso if we Ever Meet – Ganduje
READ ALSO  NBBF President, Dr. Mustapha Abdullahi, Mourns Veteran Basketball Coach Lancaster 
dollar
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

2027: It’s Time to Compensate Tinubu for What He Did for the North – Bichi

October 27, 2026

We’re Not Responsible for Hunger in Nigeria, PDP Fires Back at APC

October 27, 2026

Why Nigerians’ Data Finishes Fast – MTN

October 27, 2026
Search
Recent Posts
  • MNI Versus MNIPR in NIPSS: A Concerned Review of Yushau Shuaib’s Thought-Provoking Book, By Sunny Ibeh Jnr
  • 2027: It’s Time to Compensate Tinubu for What He Did for the North – Bichi
  • We’re Not Responsible for Hunger in Nigeria, PDP Fires Back at APC
  • Why Nigerians’ Data Finishes Fast – MTN
  • Toluwanisings’ Family Suspends Burial, Demands Probe Into Singer’s Death
  • NBBF President, Dr. Mustapha Abdullahi, Welcomes Sam Ahmedu to New Board
  • 2027: OK Movement Faults NDC Campaign Council List, Questions Party’s Grassroots Structure
  • 2027: NDC Slams Tinubu, APC Over ₦1bn Worth of Prado SUVs for Youth Leaders
  • Okonjo-Iweala Loses Mother at 96
  • Trump Has Changed America’s Mood — Nicki Minaj
  • NDC Sacks Borno Assembly Candidate Over Alleged Support for Atiku
  • NBBF President, Dr. Mustapha Abdullahi, Mourns Veteran Basketball Coach Lancaster 
  • Kaduna Ready As Tinubu Arrives For APC Presidential Campaign Flag-Off
  • BREAKING: Nollywood Actor Francis Duru Dies At 57 
  • Atiku Demands Publication of 103 Million Voters’ Register Ahead of 2027 Election
Categories
  • Business
  • Crime
  • Education
  • Entertainment
  • Environment
  • Foreign
  • Health
  • Investigations
  • Labour
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Politics
  • Security
  • Sport
  • Technology
  • World news
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.