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

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet

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  What the Sahel's Security Crisis Means for Nigeria By Kabir Abdulsalam
dollar
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

Resign or shelve re-election bid over insecurity, Peter Obi tells Tinubu  

July 6, 2026

Trump says American identity under ‘renewed attack’ as US turns 250

July 4, 2026

Nigeria’s anti-terror financing efforts secure EU High-Risk list exit, says NFIU

July 3, 2026
Search
Recent Posts
  • Resign or shelve re-election bid over insecurity, Peter Obi tells Tinubu  
  • Okonjo-Iweala Hails African Teams’ Impressive World Cup Campaign
  • Resign or Shelve 2027 Re-election Bid Over Insecurity, Obi Tells Tinubu
  • Trump says American identity under ‘renewed attack’ as US turns 250
  • Nigeria’s anti-terror financing efforts secure EU High-Risk list exit, says NFIU
  • What the Sahel’s Security Crisis Means for Nigeria By Kabir Abdulsalam
  • Nigeria Exports Hit $1.2bn Amid Rising Container Volumes
  • NYSC Must Evolve Into National Development Engine – Jude Imagwe
  • Dangote, Importers Clash as Petrol Stays Above N1,000
  • FG To Replace NYSC Khaki with Adire
  • UNIAbuja Gets 1st Female SUG President*
  • 2027: Atiku appoints Kenneth Okonkwo as spokesperson
  • Peter Obi is a Social Media Presidential Candidate, His Followers Uncouth – Kenneth Okonkwo
  • Presidency Breaks Silence on Alleged Fake Agency Scandal
  • NDC Secures INEC Portal Access Despite Court Cas
Categories
  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Investigations
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sport
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.