Naira appreciates to N1,409/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,409 per dollar in the parallel market from N1,416 per dollar on Monday. Similarly, the naira appreciated to N1,374.5 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 naira fell to…