The Naira appreciated in the parallel market on Monday, October 21, reaching ₦1,715 per dollar, up from ₦1,725 per dollar recorded over the weekend. However, in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira weakened, falling to ₦1,603.16 per dollar. According to data from FMDQ, the indicative exchange rate for NAFEM dropped from ₦1,600.78 … Continue reading Naira Appreciates In Parallel Market As Dollar Trading Volume Rises