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Trending News: Olabode Omoyele says Tinubu means well for Nigeria, congratulates him over APC Presidential poll  By-election:Prof. Faduyile clinches Ondo South APC Ticket, salutes all stakeholders for supportDagogo’s Emergence Signals Fresh Governance Debate In Rivers.APC Direct Primary Test Faces Questions Over Internal Competition.ADC Youths Push Zoning Debate To Forefront Ahead Of 2027 Primaries.APC Youth Protest Deepens Rift After Kwara Governorship Primary.Olabode Omoyele congratulates victorious APC Assembly members: Aiyebusiwa,Gbegudu, Akinyelure    APC Projects Unity In Rivers As Chinda Emerges Sole Governorship Candidate.Presidency Raises Alarm Over Fake Reports Ahead Of Election Season.Hon.Chris Ayebusiwa wins APC Assembly ticket, emerges Party’s flag bearerOlabode Omoyele sues for calm as aspirants await primaries’ result.Olabode Omoyele hails Tinubu’s ‘I will do more’ rhetoric in KigaliFear Deepens In Oyo Community After Abducted Teacher Reportedly Killed.NDC Tightens 2027 Timeline As Obi Emerges Lone Presidential Aspirant.El-Rufai Detention Deepens Debate Over Due Process, State Powers.Dr. Adeboyeje laid to restFoundation gifts academic, Piggery farmer N1m Grants each for business supportBorno School Abductions Highlight Rising Threats to Children’s Safety.APC Primaries Test Party Unity Ahead Of 2027 Polls.One-Term Promise Sparks Fresh Debate Over Power Rotation Ahead of 2027.APC Primaries Expose Deep Divisions Across States Ahead Of 2027 Polls.Collaborate to have litigation free Primaries- Olabode OmoyeleOlabode Omoyele charges Ikale politicians to allow calm, peace during and after PrimariesAbodi of Ikale congratulates Amapetu on his birthdayCourt Orders Global Hunt As Ex-Minister Gets 75-Year Jail Term Over Power Funds.Fubara Shifts Focus To Healthcare Amid Defection Rumours.APC Screening Delay Raises Fresh Questions Over Internal Democracy Ahead Of 2027.Olabode greets Centenarian, Pa Fasoranti, says 100 looks good on himFUTA Tragedy Sparks Renewed Focus On Student Mental Health Support.Aregbesola Signals New Political Direction As ADC Intensifies Osun Campaign.Shehu Sani Pushes Debate On Lawmakers’ Role Ahead Of Senate Return.APC Screening Process Under Spotlight As Rivers Aspirants Await Verdict.Ondo Security Crackdown Targets Armed Networks As Four Suspects Moved To DSS.Rivers APC Primary Deepens Battle For Control Ahead Of 2027.APC Screening Process Signals Early Race For Lagos Leadership.Oyo APC Stakeholders Warn Of Internal Crisis Ahead Of 2027.Kwankwaso Backs Power Rotation As NDC Pushes New Political Formula.Prof. Faduyile to Pa Fasoranti on his centenary celebration: you remain a symbol of integrityOlabode Omoyele congratulates Oba Odimayo, new Olofun of IreleTargeted Kidnap Raises Fresh Security Concerns In Osun Community.Sultan Urges Nigerians To Reject Religious Labels For Criminals.Jonathan Shifts Focus To Youth, Electoral Credibility Amid 2027 Pressure.FG Moves To Protect Nigerians As Xenophobic Tensions Rise In South Africa.Defections Deepen Opposition Realignment Ahead of 2027 Elections.Olabode Omoyele hails Government’s recapitalisation effortCoup Trial Puts Security Lapses Under Spotlight as Court Hears Inside Details.Ondo South Senatorial by- election: Prof. Faduyile , a tailored fit replacementADC Sets Tough Entry Rules as 2027 Aspirants Face Ideological Test.PDP Leadership Crisis Deepens as Rival Factions Clash Over NEC Decisions.Refinery Revival Faces Fresh Scrutiny as NNPC Signs New Deal After Past Setbacks.University Shutdown Deepens as Strike Disrupts Health, Exams, and Campus Life Nationwide.Rivers Govt halts arranged marriageBauchi Governor Dumps PDP for APM, Signalling Major Opposition Shake-Up Ahead of 2027.PDP Leadership Crisis Deepens as Court Ruling Forces Urgent NEC Meeting in Abuja.Faith, Politics, and Boundaries: Adeboye Reaffirms RCCG’s Neutral Stance Amid Rising Pressure.Opposition Realignments Intensify as INEC Deadline Pressures Party Structures Ahead of 2027.Olabode greets Pa. Akinyelure on his birthdayGrand burial holds for Pa. Nathaniel Olaosetenikan FafoluyiPALLIATIVES SPARK POLICY DEBATE AS ATIKU QUESTIONS GOVERNMENT APPROACH TO POVERTY.WORKERS’ DAY: SENATE FACES PRESSURE TO DELIVER ON WELFARE PROMISES.ADEBUTU RETURNS TO 2027 RACE, URGES PDP UNITY IN OGUN.Olabode Omoyele says BTO is a Political icon, congratulates him on his birthdayMay Day: Olabode Omoyele congratulates Nigerian workersDayo Faduyile to Nigerian workers: the nation appreciates youBurial programme begins for Late Pa. Fafoluyi as wake keep, night of tribute holds in ErinjeAiyetoro; rising threat of the scolding sea.APC UNITY TESTED AS SHETTIMA WARNS ASPIRANTS AGAINST POST-PRIMARY DIVISIONS.N1bn Ransom Demand Sparks Security Alert After Ekiti Church Abduction.Tension Rises Ahead of Polls as Threat Over ADC Ballot Sparks Security Concerns.Call to Delay Primaries Sparks Debate on Credible 2027 Elections.Adeniseun Picks APC Nomination Form for Owo/Ose Reps RaceOlabode Omoyele salutes FG’s resolve on civil servants’ increment in allowancesUS-Based Omosola Alade, siblings, honour late father with pomp and pageantryAdamawa Killings Raise Fresh Fears Over Civilian Safety at Public Gatherings.Consultations or Constraints? Obi Raises Concerns Over Shrinking Democratic Space.SANWO-OLU BACKS HAMZAT: APC SUCCESSION PLAN SIGNALS CONTINUITY IN LAGOS GOVERNANCE.US-Based Omosola Alade, siblings, honour late father with pomp and pageantryMisinformation Fears Rise as NDC Distances Itself from Viral Coalition Claims.Royal Farewell in Ondo: Society Bids Glorious Goodbye to Princess Christianah Betiku in Grand, Emotion-Filled CeremonyPolitical Rhetoric Under Scrutiny as PDP, APC Clash Over Democratic Boundaries.Regional Security Drill Targets Piracy, Oil Theft in Gulf of Guinea.Stray Bullet Tragedy Raises Fresh Safety Concerns Over Urban Security Operations.Olabode congratulates, welcomes new Minister of Finance over assumption of dutyCourt Martial Secrecy Raises Transparency Questions in Alleged Coup Trial.Sanusi Questions Borrowing Strategy, Warns Policy Gaps Could Undermine Reforms.APC Primary Path Emphasised as Adelabu Rejects Endorsement Politics in Oyo Race.Ogun APC Guber Consensus Candidate,Yayi arrives to a warm Red Chamber welcomeUS Allegations, Nigerian Rebuttal Spotlight Global Scrutiny on Security Crisis.Supreme Court Delay Raises Stakes for Party Survival Ahead of 2027 Polls.Toxic Cattle Destroyed as Adamawa Moves to Protect Food Supply.Court Dismissal Highlights Due Process in Electoral Disputes.Fresh COVID-19 Case Tests Nigeria’s Preparedness Systems.Troops Intensify Operations Nationwide to Secure Communities.Adeleke Launches Campaign Council as Governance Meets Election Season.Finance Shake-Up Sparks Fresh Questions on Transparency.Kano Deputy Nomination Puts Spotlight on Governance Continuity.Amb. Jimoh Ibrahim resumes at UN, says insecurity in Nigeria is being addressedOndo APC Consensus political development: Olabode calls for calm2025; year Yorubas became ‘it’Kwara APC Pushes for Judicial Independence Amid Political Tensions.
Tue. May 26th, 2026

Naira Weakens to N1,140/$ on Parallel Market, Now N850/$ on I&E

  • News
  • November 16, 2023
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Naira Weakens to N1,140/$ on Parallel Market, Now N850/$ on I&E

Tamarauemi Ebimini

The naira depreciated marginally against the dollar on the parallel market where it exchanged at N1,140/$ yesterday, compared with the N1,130/$ it closed the previous day.  Also, on the official I&E window the naira depreciated to N850.22/$, from the N795.41/$ it closed on Monday.

However, intra-day trade from the data obtained from the FMDQ showed that the highest spot rate exchanged on the I&E was N1099/$ while the lowest spot rate recorded was N701/$.

Furthermore, the official I&E window reported a daily volume turnover of $ 143.55 million. This figure indicated a 16.48 per cent increase in turnover, compared to the $123.25 million recorded on Monday.

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