Skip to content
Sunday 21 June 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Business & Economy
Business & Economy

Naira nosedives further in parallel market

The FrontierThe FrontierFebruary 6, 2024 4600 Minutes read0

The naira yesterday depreciated to N1,455 per dollar in the parallel market from N1,440 per dollar last week Friday.

However, the naira fell to N1,419.86 per dollar in the Nigerian Foreign Exchange Market (NAFEM).

Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,419.86 per dollar from N1,435.53 per dollar last weekend, indicating N15.67 appreciation for the naira.

Consequently, the gap between the official and parallel market exchange rates widened to N35.14 per dollar yesterday from N4.47 per dollar last week.

Tags
marketNairanosedivesparallel
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Nigerians seek relief as states get N3.3tn allocations
next post Kidnapped 2 bus-load passengers: Abductors want N15million to free my wife — Chude
Related posts
  • Related posts
  • More from author
Business & Economy

Nigerians await fuel price relief amid US-Iran Strait of Hormuz deal

June 19, 20260
Business & Economy

Insecurity, import reliance push Nigeria toward food crisis – Experts

June 19, 20260
Business & Economy

FG issues transition guidelines for new tax regime

June 19, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Crime

Jubilation as kidnappers release victims after Yoruba nation activist Sunday Igboho’s 2-hour ultimatum •VIDEO

June 21, 20260
Entertainment

Adeleke family hosts star-studded wedding in Osun

June 21, 20260
Education

Varsity lecturer bags N25 million TETFund grant for anti-banditry research

June 21, 20260
Crime

Governor Lawal rejects peace deals, vows to crush banditry

June 21, 20260
News

Youth groups, agencies rally in Abuja to curb rising drug abuse

June 21, 20260
News

Gas leak: Residents flee their homes in Rivers as militants allegedly attack Trans-Niger pipeline

June 21, 20260
Load more

inside the Hill top newspaper

February 9, 2025

Jubilation as kidnappers release victims after Yoruba nation activist Sunday Igboho’s 2-hour ultimatum •VIDEO

June 21, 2026

Adeleke family hosts star-studded wedding in Osun

June 21, 2026

Varsity lecturer bags N25 million TETFund grant for anti-banditry research

June 21, 2026

Governor Lawal rejects peace deals, vows to crush banditry

June 21, 2026

Youth groups, agencies rally in Abuja to curb rising drug abuse

June 21, 2026

inside the Hill top newspaper

0 Comments

Jubilation as kidnappers release victims after Yoruba nation activist Sunday Igboho’s 2-hour ultimatum •VIDEO

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Again, Trump fined $10,000 for violating gag order

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Nigerian lawyers condemn assault on Anambra female Youth Corps member, demand prosecution of culprits •VIDEO

August 20, 2025
3

Emergency rule: Soldiers, tanks move into Rivers Govt House •Tension engulfs state

March 19, 2025
4

Court jails two fake EFCC staff

July 25, 2025
5

Kaduna govt warns against flood, launches awareness campaign

May 14, 2026
6

LCCI raises concerns over fuel price hike, warns of business disruptions

October 11, 2024
Popular
1

inside the Hill top newspaper

February 9, 2025
2

Man nabbed planning to sell son for N20million

January 16, 2024
3

Niger ends security and defence partnerships with EU

December 5, 2023
4

Woman sentenced to death for killing husband, Maryam Sanda receives Tinubu’s presidential pardon

October 12, 2025
5

Man stabs retired nurse, housemaid to death

January 16, 2024
6

Why Rivers will receive federal allocation despite legal battle – FG

November 23, 2024

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

Northern leaders at war over Tinubu

February 3, 2024

BREAKING: Court grants Dele Farotimi N30 million bail, banned from granting press interviews

December 20, 2024

Former Industrial Court President Adejumo appointed as judicial institute administrator

July 4, 2025

18-year-old apprentice impregnates 10 girls in 5 months

May 7, 2025
Top posts

Categories

  • News4673
  • Politics4299
  • Crime4063
  • International2830
  • Sports2351
  • Business & Economy2173
  • Headlines2113
  • Education1295
  • Matilda Showbiz929
  • Health826
  • Entertainment761
  • Africa515
  • Religion467
  • Environment329
  • Special266
  • Info Tech229
  • Arts & Culture227
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today180
  • Interview179
  • Opinion150
  • EyeCare with Dr Priscilia Imade121
  • Advert30
  • Epistles of Anthony Kila19
  • Trends17
  • Local News5
  • World Cup 20265

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact