space4

space drive44

space drive888

space drive777

spacw666

Ad space2

Test 1

space5555

SPACE7

space5

space

new space

space6

SPACE6

SPACE5

SPACE8

test new

new space4

new space2

Ad1

space drive3

space3

space drive

space5555

space123

space6666

space drive2

space4444

test99

test10

test1313

test 1212

test1414

test1010

test1111

Tuesday, December 8, 2020

Again Naira Depreciates Against Dollar After Recovery

 The Naira has continued to depreciate against the dollar at the parallel market.


Naira and dollar
Naira and dollar
 
The naira recorded a loss against the dollar on Monday, December 7 2020 closing at N482/$1 at the parallel market.
 
This represents a N7 drop when compared to the N475/$1 that it exchanged for on Friday, December 4.
 
However, the Naira’s exchange rate at the NAFEX window continued to remain flat against the dollar to close at N395/$1 during intra-day trading on Monday, December 7.
 
ABCON President, Aminu Gwadebe, had blamed the crash of the naira on illegal activities that include hoarding, speculation, illegal cash evacuations through the nation’s borders, use of the dollar for gratification and so on.

No comments:

Post a Comment