The naira further depreciated at the official market on Thursday, October 31, 2024, trading at N1,675.49 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the local currency lost N44.32.
This represents a 2.71 per cent loss when compared to the previous trading date on Wednesday, when it exchanged at N1,631.17 to a dollar.
EFCC recovers N248bn, $105m, secures 3,455 convictions in one year
However, the total daily turnover increased to $166.61 million on Thursday up from $128.98 million recorded on Wednesday.
At the Investors and Exporters (I&E) window, the naira traded between N1,677 and N1,610 against the dollar.
Latest posts by Segun Ojo (see all)
- Tinubu orders justice ministry to work with NASS on tax reform bills - December 3, 2024
- Okpebholo gives Edo LG chairmen 48 hours to submit financial statements - December 3, 2024
- Reps probe planned retirement of 1,000 CBN officials - December 3, 2024
Advertisement
