Business

Naira hits N1,681/$ at official market

The naira depreciated at the official market on Wednesday, November 6, 2024, trading at N1,681.65 to the dollar.

Data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that naira lost N10.33.

This represents a 0.61 per cent loss when compared to the previous trading date on Tuesday when it exchanged at N1,671.32 to a dollar.

U.S. election: Dollar, Bitcoin soar as Trump nears victory

The total daily turnover also reduced to $196.78 million on Wednesday, down from 218.77 million dollars recorded on Tuesday.

At the Investors and Exporters (I&E) window, the Naira traded between N1,690.00 and N1,620.00 against the dollar.

Segun Ojo

Recent Posts

Fire razes 25-storey Great Nigeria Insurance House in Lagos

A Christmas Eve fire has engulfed the Great Nigeria Insurance House on Martins Street, Lagos…

4 hours ago

2027: Tinubu inaugurates c’tee on conflict resolution, mobilisation for APC

President Bola Tinubu on Wednesday inaugurated a Committee on Strategy, Conflict Resolution and Mobilisation to…

5 hours ago

Shaibu flags off phase 2 of Bola Ahmed Tinubu Barracks, reaffirms ‘Soldier-First’ policy

The Chief of Army Staff, Lt.-Gen. Waidi Shaibu, has launched the construction of Phase 2…

6 hours ago

Aliyu urges Christians to pray for end to insecurity

Sokoto State Governor, Ahmed Aliyu, has called on Christians in the state to use the…

6 hours ago

Video: Explosion hits Mosque in Maiduguri market

An explosive device went off on Tuesday inside a mosque at Gamborun Market in Maiduguri,…

6 hours ago

2 Kano lawmakers die in one day

Tragedy struck the Kano State House of Assembly on Wednesday, December 24, 2025, when two…

7 hours ago

This website uses cookies.