Naira stable at N360.5 to dollar at parallel market

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The Naira on Thursday traded flat at N360.5 to the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.

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The Pound Sterling and the Euro closed at N469 and N408 respectively.

At the Bureau De Change (BDC) segment, the naira traded at N360 to the dollar, while the Pound Sterling and the Euro was sold at N469 and N408 respectively.

Trading at the investors’ window saw the naira closing at N363.03 to a dollar, while market turnover stood at 231.46 million dollars.

NAN reports that the CBN had continued to inject liquidity to the market in defence of the naira.

(NAN)

NAN
NANhttp://NAN
News Agency of Nigeria (NAN) is a news reporting agency owned and run by the Federal Government of Nigeria just like Nigerian Television Authority.[1] On 10 May 1976 the agency was founded and established by Onitsha noble Onuora Nzekwu who was its first official Managing Director and Chief Editor. On 2 October 1978 its operations began.[2][3] NAN provides General News Service to subscribers in three bulletins published daily. The agency’s website www.nan.ng was launched on 8 August 2016, to offer news to the worldwide audience interested in news primarily about Nigeria, Africa’s most populated country. The current Managing Director of NAN is Bayo Onanuga.

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