Skip to content
Sunday 14 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 in parallel market

The FrontierThe FrontierJanuary 15, 2025 3150 Minutes read0

•Naira and Dollar notes

The Naira yesterday depreciated to N1,660 per dollar in the parallel market from N1,655 per dollar on Monday.

But, the Naira appreciated to N1,549 per dollar in the official foreign exchange market.

Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for Nigerian Foreign Exchange Market (NFEM) fell to N1,549 per dollar from N1,550 per dollar on Monday, indicating N1 appreciation for the naira.

Consequently, the margin between the parallel market and NFEM rate widened to N111 per dollar from N105 per dollar on Monday.

 

Tags
Nairanosedivesparallel market
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post AI: Decentralise electricity supply, Nigeria can’t afford to be left behind — Okonjo-Iweala
next post I can’t allow my children join Nigerian Army — 76 years old war veteran
Related posts
  • Related posts
  • More from author
Business & Economy

Used vehicle imports near N250 billion amid crackdown

June 14, 20260
Business & Economy

New crude streams add 12m barrels to Nigeria’s output

June 13, 20260
Business & Economy

Lekki seaport: NPA, stakeholders declare zero tolerance for roadside parking

June 13, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Business & Economy

Used vehicle imports near N250 billion amid crackdown

June 14, 20260
News

Recruitment: List of successful Immigration, Fire Service, NSCDC applicants released

June 14, 20260
News

General Rabe Abubakar: A national tragedy, says former Senate President David Mark

June 14, 20260
Politics

Ekiti 2026: Ado-Ekiti ground to a halt as PDP holds massive grand finale rally for Oluyede

June 14, 20260
Politics

2027: Intrigues as parties sweat on nomination of deputy governorship candidates

June 14, 20260
Crime

Pastor in police net for allegedly taking 75 married women as wives

June 14, 20260
Load more

inside the Hill top newspaper

February 9, 2025

Used vehicle imports near N250 billion amid crackdown

June 14, 2026

Recruitment: List of successful Immigration, Fire Service, NSCDC applicants released

June 14, 2026

General Rabe Abubakar: A national tragedy, says former Senate President David Mark

June 14, 2026

Ekiti 2026: Ado-Ekiti ground to a halt as PDP holds massive grand finale rally for Oluyede

June 14, 2026

2027: Intrigues as parties sweat on nomination of deputy governorship candidates

June 14, 2026

inside the Hill top newspaper

0 Comments

Used vehicle imports near N250 billion amid crackdown

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

CAF reaffirms Morocco as host of 2026 Women’s Africa Cup of Nations, rejects postponement talk

February 13, 2026
3

Gateway games: APC chieftain welcomes athletes, hails Ogun governor

May 14, 2025
4

Vice President Shettima jets out to Davos for World Economic Forum meeting

January 20, 2025
5

Here’s how the richest people in the world fared after US President Trump’s tariffs

April 6, 2025
6

Trump warns Iran blockade could last months, sending oil prices soaring

April 30, 2026
Popular
1

inside the Hill top newspaper

February 9, 2025
2

BREAKING: Police ban all night programmes in churches, mosques across Ondo over kidnappings

February 27, 2026
3

Japa: Popular singer Banky W relocates to U.S. with family

September 24, 2024
4

King Charles experiences side effects of cancer treatment, spends time in hospital

March 28, 2025
5

Dangote Refinery rubbishes NNPCL’s $1billion loan claim

December 19, 2024
6

REVEALED: What killed Governor Akeredolu — Ondo govt

December 27, 2023

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

Kenya holds state funeral for opposition leader Odinga

October 17, 2025

Governor Okpebholo hits back at justice minister Fagbemi: You don’t represent Constitution, Edo council chairmen remain suspended

December 23, 2024

Ondo workers protest non-payment of minimum wage

December 12, 2024

Newcastle stun Liverpool in League Cup final to end 56-year trophy drought

March 17, 2025
Top posts

Categories

  • News4645
  • Politics4259
  • Crime4024
  • International2809
  • Sports2334
  • Business & Economy2160
  • Headlines2106
  • Education1289
  • Matilda Showbiz921
  • Health823
  • Entertainment758
  • Africa502
  • Religion466
  • Environment326
  • Special264
  • Arts & Culture227
  • Info Tech227
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today179
  • Interview178
  • Opinion148
  • EyeCare with Dr Priscilia Imade120
  • Advert30
  • Epistles of Anthony Kila19
  • Trends17
  • Local News5

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

designed by winnet services

  • Home
  • Advertise with us
  • Contact