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Naira rises, now N1,374/$ in parallel market

Verified: 2 outlets in 2 countries have reported this story since Nov 4.

📍 Lagos, Nigeria, NG·🕐 4d ago·2 outlets

…As interbank turnover rises 445% By Elizabeth Adegbesan The Naira yesterday appreciated to N1,374 per dollar from N1,377 in the parallel market on Monday. But the naira depreciated to N1,347.75 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the…

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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cross checkconfirmed90%

[Claude] Report 2 is the same Vanguard article under a different headline, with matching figures for the naira's parallel-market rate and interbank turnover.

4d ago
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Reliability
85%

Very high · How we score this

Risk Score
low risk