Market report.

The naira on Monday depreciated further against the dollar @the parallel market. The Nigerian currency closed @#381.50, even some were calling it #382 per dollar, from #379.50 it closed on Friday against the dollar, it was exchange #495 per pounds and #415 per euro respectively, however it appreciated at the inter-bank segment as it closed @#316.37 from #319.70 it posted on Friday. Meanwhile traders @the market said that the scarcity of the dollars were stifling activities @ the market. They urged the Central Bank of Nigeria ( CBN ) to intervene in the foreign exchange market to ensure greater stability of the Naira. As was reported by OKWUDIRI STRAIGHTMAN NWALI for BROADSTREET TODAY. Ng, thank you all