Naira appreciates to N1,405/$ in parallel market

By Elizabeth Adegbesan LAGOS — The naira appreciated to N1,405 per dollar in the parallel market on Friday, from N1,407 per dollar recorded on Thursday. However, the currency depreciated to N1,358.25 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for…