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  Nigeria's Ambassador-Designate to Algeria Dies in Turkiye
dollar
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

2027: Tinubu, Olubadan not backing any aspirant, says Adelabu

April 24, 2026

Oil Surges to $105 Amid Fresh Middle East Tensions

April 24, 2026

Tinubu Okays N17bn Developmental Fund for 8,804 Wards

April 24, 2026
Search
Recent Posts
  • 2027: Tinubu, Olubadan not backing any aspirant, says Adelabu
  • Oil Surges to $105 Amid Fresh Middle East Tensions
  • Tinubu Okays N17bn Developmental Fund for 8,804 Wards
  • 2027:  Obi Won’t Get Ticket, despite Returning — Labour Party 
  • Dangote Plans Major East African Refinery
  • Tinubu Slashes Domestic Airlines’ Debts by 30%
  • Nigeria’s Ambassador-Designate to Algeria Dies in Turkiye
  • Governor Yusuf Appoints Murtala Garo as Deputy 
  • Shettima Inaugurates Kaduna Banquet Hall Named After Ex-Military Governor
  • NPRW: Shettima Urges PR Practitioners to Simplify Govt Reforms for Public Trust
  • JUST IN: Tinubu Sacks Finance Minister, Taiwo Oyedele to Take Over
  • ADC Ticket: Obi, Kwankwaso Tackle Atiku, Launch Joint Movement
  • NAF Bombards Terrorist Hideout in Sambisa, Eliminates fighters
  • Israel confirms image of soldier striking Jesus statue with sledgehammer
  • NRS to Generate Own Power as Grid Failures Persist
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.