The Naira is now exchanging at N1,240 to a greenback within the parallel market from N1,235 per greenback on Wednesday, January 3.
The Naira appreciated to N895.23 per greenback within the Nigerian International Alternate Market (NAFEM), widening the hole between the official and parallel market trade charges to N344.77 per greenback yesterday, January 4, from N199.88 per greenback on Wednesday.
Knowledge from FMDQ confirmed that the indicative trade fee for NAFEM fell to N895.23 per greenback from N1,035.12 per greenback on Wednesday, indicating N139.77 appreciation for the naira.