Naira appreciates in parallel market, trades at N1,550/$

Tribune Online
Naira appreciates in parallel market, trades at N1,550/$

The Naira appreciated to N1,550 per dollar in the parallel market today, gaining N5 from the N1,555 per dollar rate recorded last weekend. In contrast, the official foreign exchange market experienced a slight depreciation, with the Naira slipping to N1,538 per dollar from N1,535 per dollar last Friday. According to data…