December 22, 2024
The-Naira-against-the-dollar_5-630x3001

The naira dropped by 0.66per cent to N611/$1 yesterday morning from N607/$1 recorded on the previous day, findings by New Telegraph show. Also, data on FMDQ Exchange website shows that naira closed slightly weaker on Wednesday at the Investors and Exporters’ (I&E) window with a 0.05 per cent depreciation, to close at N420.5/$1 compared to N420.28/$1 recorded in the previous trading session.

The depreciation of naira at both the unofficial and official markets comes despite Nigeria’s external reserves maintaining an upward trend in the last few weeks. For instance, data published by the Central Bank of Nigeria (CBN) shows that the country’s dollar buffers gained $426.54 million between June 6 and 22, 2022.

According to the apex bank, the external reserves rose from $38.42 billion on June 6 to $38.85 billion on June 22, 2022, meaning that the reserves increased by $426.54 million. New Telegraph’s analysis of the CBN’s data indicates that after heading south for most part of April and May, the reserves inched up to $38.483.66 billion on May 31 from $38.483.59 billion on May 30. They, however, resumed their downward slide falling to $38.42 billion on June 6 2022 only to rise to $38.46 billion on June 7. Analysts believe that the reserves accretion of the last few days is the result of the price of oil (the commodity that accounts for over 70 per cent of Nigeria’s forex earnings) remaining above $120 per barrel in the last two months(it was $126.6 per barrel as of June 21 on CBN’s website).

However, while high oil prices may be having a positive impact on Nigeria’s external reserves, New Telegraph gathered that the reserves accretion reported by CBN in recent weeks was caused by the apex bank’s deliberately reducing its intervention in the forex market in its bid to conserve the dollar buffers. New Telegraph reported last month that worsening forex scarcity in the official market had compelled some deposit money banks (DMBs) to start informing their customers interested in purchasing foreign currency to meet needs such as international school fees, upkeep and rent payments, as well as Basic Travel Allowance (BTA) and Personal Travel Allowance (PTA), to submit their applications in advance. For instance, in an email titled: “Important update on FX transaction,” sent to its customers, which was sighted by this newspaper, one of the country’s Tier 1 banks said it will need a 30-day period to fulfil requests for school fees, upkeep and rent payment. The lender also stated that customers are required to submit applications for BTA/PTA 14 days before their proposed travel date.

1,178 thoughts on “Naira loses again, now N611/$1 at parallel market”

  139. hey there and thank you to your information – I’ve definitely picked up anything new from right here. I did however experience some technical points the usage of this site, as I skilled to reload the web site lots of times previous to I could get it to load properly. I were pondering if your web hosting is OK? Now not that I am complaining, but sluggish loading cases instances will sometimes have an effect on your placement in google and could harm your high-quality rating if advertising and ***********|advertising|advertising|advertising and *********** with Adwords. Anyway I am including this RSS to my email and can glance out for a lot extra of your respective fascinating content. Ensure that you update this again soon..

    Reply

  141. I would like to thnkx for the efforts you have put in writing this blog. I am hoping the same high-grade blog post from you in the upcoming as well. In fact your creative writing abilities has inspired me to get my own blog now. Really the blogging is spreading its wings quickly. Your write up is a good example of it.

    Reply

  142. You can definitely see your expertise within the work you write. The arena hopes for even more passionate writers such as you who aren’t afraid to say how they believe. All the time follow your heart. “In order to preserve your self-respect, it is sometimes necessary to lie and cheat.” by Robert Byrne.

    Reply

  318. Get warning information here. safe and effective drugs are available.
    cialis dosage
    Definitive journal of drugs and therapeutics. п»їMedicament prescribing information.

    Reply

  321. Some are medicines that help people when doctors prescribe. Learn about the side effects, dosages, and interactions.
    tadalafil generic in usa
    п»їMedicament prescribing information. What side effects can this medication cause?

    Reply

  399. Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!

    Reply

  412. canada pharmacy [url=http://canadapharm.pro/#]canadian pharmacy 24[/url] prescription drugs canada buy online

    Reply

  500. Hello! This is kind of off topic but I need some guidance from an established blog
    hyperlink to your host I’m not sure why but this web site is loading extremely slow for me“성인망가” I’m thinking about making my own but I’m not sure where to begin.I wonder how so much effort you place to make one of these fantastic informative web site.

    Reply

  512. he article has truly peaked my interest. I will take a note of your site and keep checking for new information about once per week have learn several just right stuff here 온라인카지노 I’m not that much of a internet reader to be honest but your sites really
    nice, keep it up! I’ll go ahead and bookmark your site to come backlater on. Cheers!!!

    Reply

  515. The article has truly peaked my interest. I will take a note of your site and keep checking for new information about once per week have learn several just right stuff here “오피스북 I’m not that much of a internet reader to be honest but your sites really
    nice, keep it up! I’ll go ahead and bookmark your site to come backlater on. Cheers!!!

    Reply

  524. The article has truly peaked my interest. I will take a note of your site and keep checking for new information about once per week have learn several just right stuff here “밤의전쟁 I’m not that much of a internet reader to be honest but your sites really
    nice, keep it up! I’ll go ahead and bookmark your site to come backlater on. Cheers!!!

    Reply

  896. I am curious to find out what blog system you have been using? I’m experiencing some minor security issues with my latest website and I would like to find something more safeguarded. Do you have any solutions?

    Reply

  1108. Some people find glasses or sunglasses helpful in reducing the amount of pollen that enters the eye and facemasks can help to reduce the number of particles inhaled.
    A healthy manhood leads to a happy wife. ic ampicillin since it’s a successful treatment
    Central agonists work by relaxing the blood vessels so that blood can flow more easily through the body.

    Reply

  1109. We do not recommend administering misoprostol this way.
    Choose the lowest price of glucophage cramps pills.
    Heart Problems Hypertension can damage the heart because the increased blood pressure places a strain on the heart, which has to pump blood around the body.

    Reply

  1113. Some studies suggest that inheriting the short form of the gene doubles the risk of depression, but recent studies found no correlation.
    out the substantial discounts quoted through this site for how to mix ampicillin at low prices, you’ll need to compare offers
    We had sex unprotected about 4-5 times since my last period.

    Reply

  1114. Colon Cancer Symptoms The early stages of the condition often do not cause colon cancer symptoms in patients.
    Excellent treatment is achievable when you glucophage vademecum in order to save money
    Holding my fingers crossed, and hope your back gets better soon.

    Reply

  1118. Although most dogs with Cushing’s disease cannot be cured, their quality of life as well as the owner’s quality of life can be improved, and their lives may be extended with early intervention.
    Bonus pills added if you prednisone and pregnancy , a great treatment, by using online discounts
    If efficacious, chromium supplementation may provide a useful, low-cost alternative to or augmentation strategy for selective serotonin reuptake inhibitors, which have partial efficacy in BED.

    Reply

  1121. PREVIOUS ARTICLE: Lymphatic Filariasis NEXT ARTICLE: Myxedema Up Next Myxedema Health condition e.
    Read more at side effects of valtrex by buying it online.
    Unlike other viral respiratory infections, such as the common cold, the flu can cause severe illness and life-threatening complications.

    Reply

  1122. This irritation can be severe and cause ulceration resulting in significant bleeding.
    Keep saving money when you flagyl dogs . More info’s awaits you.
    There’s no good way to predict survival, or when it’s safe to stop treating, or exactly how to monitor those who fear the fungus may be festering silently in their bodies.

    Reply

  1124. Diabetes is diagnosed using blood tests, and the three tests used for diagnosing diabetes are:This test is used for diagnosing Type 2 diabetes.
    Do health problems affect your life today? Fix them with doxycycline hyclate 100mg uses from trusted pharmacies at the lowest prices ever
    Brain damage affects children as well.

    Reply

  1126. Humans have used drugs derived from the opium poppy for thousands of years to lessen pain and produce euphoria.
    I used more than the recommended dosage of flagyl used to treat sold under different brand names.
    Treatment safety during pregnancy has not been established.

    Reply

  1128. If you miss a class there is usually an additional charge.
    Exceptional prices allow you to can you eat grapefruit with lisinopril so you can save money
    For the purpose of this study, all regular and Reserve Navy personnel who had served on active duty in Seabee commands for at least 30 consecutive days between August 1, 1990, and July 31, 1991 the Gulf War period were eligible to participate, regardless of whether they were still in military service at the time of the study.

    Reply

  1130. Most medical conditions have both signs and symptoms that help identify what is wrong.
    My wife is wondering if neurontin substitutes are unbelievably low they are probably counterfeit.
    The flu, however, is usually more severe, with higher fevers and the addition of aches and pains.

    Reply

  1131. Clinicians are constantly on the look-out for markers of underlying illness, historical points which might increase their suspicion for the existence of an underlying disease process.
    Get low price of nolvadex sexual on the grounds that it is economical and powerful
    Any ideas would be appreciated.

    Reply

  1132. Read MoreCatherine has a Bachelor of Science degree in biology and a Master of Science degree in Clinical Nutrition…
    Choose a pharmacy with good customer service to keflex pill at discounted prices
    Gallbladder problems during and after pregnancy Find out what gallbladder disease is, why you may be more affected by it during and after pregnancy, and whether gallbladder pr…

    Reply

  1133. If you think you have hypoglycemia unawareness, speak with your health care provider.
    Quality is a major concern when you neurontin 600 milligram , a great treatment, by using online discounts
    Set your content preferences Your content preferences apply to any Vimeo videos you view.

    Reply

  1134. It regarded the possible beneficial effects of licorice in pets that suffer from Addison’s disease.
    How long does cephalexin and amoxicillin .Place them now!
    These tests should always be performed during illness or stressful situations, when diabetes is likely to go out of control.

    Reply

  1135. It may also be necessary to minimize extreme physical activity which can aggravate the hernia.
    in sex.The efficiency of the medicines when you will cephalexin treat chlamydia on the Internet is low as there are no middlemen involved. |
    The procedure involves voiding into a cup, so small children may be catheterized to collect a sample.

    Reply

  1136. Careful survey to the current research on disease diagnosis ontologies reveals no effective ontology available for general disease diagnosis.
    Amazing savings on keflex generic name is available online at the lowest possible medication
    Colon Cancer Screening You can take an active role in the prevention and early detection of colorectal cancer by getting tested regularly after the age of 50.

    Reply

  1137. The most common symptoms are headaches, feeling sick, drowsiness and fits.
    Beneficial treatment is attainable if you neurontin 300 mg price Read treatments of ED!
    Here are the steps that are commonly followed:It is routine to check another urine culture about two weeks after treatment to make sure the urine has cleared up.

    Reply

  1139. A spokesperson later clarified saying she didn’t mean to suggest people should go out and buy the pills.
    Go to how much nolvadex during test cycle online.Easeus Deleted File Recovery – CNET Download. Disk
    The condition is more common in people with a South Asian particularly India, Pakistan or Bangladesh , black Caribbean or Middle Eastern background.

    Reply

  1140. Learning more about the viruses that cause colds and the flu can help doctors figure out how to prevent and treat these illnesses.
    People can save money and buy sildenafil generic cvs you are getting the best medication available
    Jude Become a Partner In Hope At School Preschool and Daycare K – 8th Grade High School College At Work Workplace Fundraisers Become a Partner At Play St.

    Reply

  1141. A patient who has severe emphysema, chronic bronchitis, heart disease, or other medical problems may not be able to withstand the stress of surgery to cure lung carcinoids or to cope with breathing difficulties resulting from removal of normal lung tissue.
    All these online suppliers offer does sildenafil make you bigger ? Learn what women are saying.
    Many hernias are not serious, although larger ones certainly can be, and complications can include an obstruction of the digestive tract.

    Reply

  1142. Billick SB, Siedenburg E, Burgert W et al: Validation of the Mental Alternation Test with the Mini-Mental State Examination in geriatric psychiatric inpatients and normal controls.
    Most online stores will guarantee you the what is sildenafil 20 mg deals here.
    It is believed that cancer risk can be reduced by avoiding tobacco, limiting alcohol intake, limiting UV ray exposure from the sun and tanning beds and maintaining a healthy diet, level of fitness and seeking regular medical care.

    Reply

  1143. Usually, the treatment is with broad-spectrum antibiotics.
    Where can I find publications that discuss chewable sildenafil , always look for online deals and discounts
    However, at Sponaugle Wellness Institute, we have diagnosed this gene in patients of all nationalities.

    Reply

  1144. Diagnosis of UTI’s in seniors may be further complicated by pre-existing or comorbid incontinence or dementia.
    And kick your ailments. Guaranteed online proven methods with figral sildenafil 100mg for more ignitions.
    Unsuccessful termination can also lead to serious complications, so it’s important to get medical help urgently if you think this has happened.

    Reply

  1148. Cancer 83: 1972, 1998.
    There are many natural products when you levitra precio locally, why should I have to shop online?
    More about the grantDonate HereUPCOMING EVENTSMegaesophagus More info Register Help Future Generations of Dogs Participate in canine health research by providing samples or by enrolling in a clinical trial.

    Reply

  1150. I changed his food to an off brand food that does not contain propylene glycol as of today.
    Compare the price of what does tadalafil do if you order through this site
    Causes of hernia soon after birth or later in life depend on whether the abdominal midline muscles join completely or not.

    Reply

  1151. Potentially serious side effects for the other medications include kidney damage and gastrointestinal problems, such as stomach pain, heartburn, nausea, or bleeding from the stomach.
    Can I use does tadalafil make you bigger sent immediately to avoid delay in treatment
    Dr Enright says that allergy tests may be much more beneficial than immunotherapy allergy injections.

    Reply

  1152. The FOBT checks stool samples for blood cells, and should be done annually, the CDC reports.
    Getting your medications from pharmacies with generic for tadalafil in our database. Order online today!
    Provide the patient with information regarding high-risk behaviors and any necessary treatments or procedures.

    Reply

  1154. Fact January 2015 Download PDFs English Editors Katherine Chubinskaya, MD Luciano Kolodny, MD Jason Wexler, MD Carol Zapalowski, MD, PhD Are you feeling run down and stressed?
    The best prices can be found by means of online offers to levitra price dosage isn’t working, should I quit taking the drug?
    Symptoms and signs are similar to pneumonia.

    Reply

  1157. Bernstein’s Diabetes Solution,, Dr.
    Many people feel that buying levitra 40 mg reviews Learn more about it!
    As such, as these features and the link between them and depression become better understood, they may play an important role in understanding the progression of depression and its response to treatment.

    Reply

  1160. The sooner the better.
    Search for stendra vs levitra is so much less that people prefer to shop online.
    CA-125 Test: This blood test determines if the level of CA-125, a protein produced by ovarian cancer cells, has increased in the blood of a woman at high risk for ovarian cancer or with an abnormal pelvic examination.

    Reply

  1161. Health outcomes after stopping conjugated equine estrogens among postmenopausal women with prior hysterectomy: a randomized controlled trial.
    Problems with erections? Contact us can women take sildenafil help?
    I stuffed myself then soon became very bloated feeling duh lol and at 4 in the morning woke up with my back aching really bad as well as my whole lower midsection.

    Reply

  1162. These asbestos fibers may then damage the DNA of mesothelial cells, causing uncontrolled cell growth and the development of mesothelioma, which leads to the symptoms below.
    Consider online specials and sildenafil and nitroglycerin from online pharmaciesкак
    Herpes simplex virus infection causes recurring episodes of small, painful, fluid-filled blisters on the skin, mouth, lips cold sores , eyes, or genitals.

    Reply

  1163. Medical and Family HistoriesYour doctor will want to learn about your medical history.
    first-rate online pharmacies the moment you decide to cvs sildenafil ! Order reliable products from us.
    Common side effects include nausea and vomiting, loss of appetite, headache, fever and chills, and weakness.

    Reply

  1165. If it’s not already on your computer, you’ll need to download the latest free version of Adobe Reader.
    Pay lower prices when you canadian pharmacy sildenafil after comparing multiple offers
    Reply Alert moderatorI thought you conflated two items, namely the debate about whether a version of Lyme’s disease exists in Australia and the related item of how to deal with symptoms of no known or proven cause.

    Reply

  1166. But a doctor should check anything that is unusual or worrisome.
    Where can I find information that compares sildenafil side effects blood pressure for an extended period?The lowest prices to
    If it was much lighter than normal, and a few days earlier than expected, you may actually be experiencing implantation bleeding, where the fertilized egg attaches to the uterine wall and causes a little bloodshed.

    Reply

  1167. Fortunately, it responds to many of the same antifungal therapies used for the treatment of colonizing molds.
    People should shop online and enjoy the lowest hims tadalafil to treat your condition
    Common genetic determinants of schizophrenia and bipolar disorder in Swedish families: a population-based study.

    Reply

  1169. For example, a loop of intestine that is caught and squeezed in the groin area may block the passage of food though the digestive tract.
    Talk to a licensed pharmacist when you purchase tadalafil reviews from internet suppliers at unbeatably low prices
    Did Your Plastic Water Bottle Give You Diabetes?

    Reply

  1170. Barbara Bush Children’s Hospital HomeHealth Visiting Nurses Lincoln County Healthcare Maine Behavioral Health MaineHealth Maine Medical Center Maine Medical Partners Western Maine Health Ouch!
    Some offers are available on the Internet with a low tadalafil vs sildenafil side effects delivered to your door by a trusted pharmacyVerify offers to
    The “resolution” for the physical aspect can be made by physical means, but it is not permanent, because it includes that you must dispose of something, or that you must include something which in the past you didn’t have to do at all.

    Reply

  1171. I was so close to bringing him to an allergist for testing.
    If my vardenafil cheap delivered in days to give you essential treatment
    Guide to Insulin and Type 2 DiabetesAdvice, support, and practical tips to help you fit insulin into your lifestyle.

    Reply

  1172. Hyperthermia differs from fever in that the body’s temperature set point remains unchanged.
    Enhance your sexual duration with – vardenafil use you can save even more when you get generic.
    But no symptom should be ignored or overlooked, especially if it has lasted a long time or is getting worse.

    Reply

  1173. Appendicitis may occur after a viral infection in the digestive tract or when the tube connecting the large intestine and appendix is blocked by trapped stool.
    Getting your medications from pharmacies with i take vardenafil 10 mg three times a day to control symptoms
    If you have agoraphobia you tend to have a number of fears of various places and situations.

    Reply

  1174. In acquired aplastic anemia, an almost complete absence of hematopoietic stem cells eventually results in low levels of red and white blood cells and platelets pancytopenia.
    Embarrass no more. View this page how long should a patient who is on vardenafil wait to use nitroglycerin from honest online pharmacies when you really need reasonable
    Therefore, unless a person chooses to disclose their disease, it is possible that friends and even family members may be unaware of a person’s diagnosis.

    Reply

  1176. I am afraid of the political implications and the direction this country is headed.
    prices can be had by means of online opportunities to tadalafil dosages including from online pharmacies
    Seek medical attention immediately if you think you may have contracted dengue fever.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Related News

Dr. Nto

Agricultural expert lauds Tinubu,Tetfund on commitment to food security

December 20, 2024 6
atiku-abubakar

Atiku stresses on fidelity of data, stats for development purposes

December 20, 2024 3