Naira depreciates to N1,485/$ in parallel market

Vanguardngr | 10-12-2025 02:31pm |

By Elizabeth Adegbesan THE Naira yesterday depreciated to N1,485 per dollar in the parallel market from N1,475 per dollar on Monday. However, the naira was stable at N1,454 per dollar in the Nigerian Foreign Exchange Market (NFEM) data published by the Central Bank of Nigeria, CBN, showed. As a result, the margin between the parallel

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