Friday, April 3, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Naira extends loss at parallel market

Ola Simeon by Ola Simeon
August 1, 2016
in Business, News
0

 

The Naira on Monday depreciated further against the dollar at the parallel market.

It exchanged at N380 to the dollar, from N378 it traded on Friday, while it exchanged against the Pound Sterling and the Euro at N495 and N415, respectively.

At the Bureau De Change segment of the market, the currency exchanged at N378 for the dollar, N490 for the Pound and N413 against the Euro.

It, however, appreciated at the interbank segment as it closed at N316.37 from N319.70 it posted on Friday.

Meanwhile, traders at the market said that the scarcity of the greenback was stifling activities at the market.

They urged the Central Bank of Nigeria (CBN) to intervene in the foreign exchange market to ensure greater stability of the naira.

Tags: naira
Previous Post

FRSC’s verdict: FCT gets highest number of crashes

Next Post

FG takes ownership of Ajaokuta, signs modified agreement with GSHL on NIOMCO

Next Post

FG takes ownership of Ajaokuta, signs modified agreement with GSHL on NIOMCO

FG to reduce importation of items to N8.79trn by 2019

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

Tinubu and Yilwatda

Yilwatda: Plateau must never bleed again

April 3, 2026

WELA Requests Update On Alleged Sexual Violence in Delta, Calls for Ban on ‘Raping Festival’

April 3, 2026
Amupitan

INEC dismisses calls for Chairman’s removal, clarifies misconception over voter revalidation

April 2, 2026

APC to ADC: You are the architect of your misfortune

April 2, 2026

Adelabu’s Power Lines as Laundry Lines – Azu Ishiekwene

April 2, 2026

Why 57 properties linked to Malami should be permanently forfeited to FG – EFCC

April 2, 2026

ADC: Tinubu wants to be the only presidential candidate in 2027

April 2, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.