The naira, on Friday, October 11, 2024, depreciated at the official market, trading at N1,641.27 to the dollar.
Data from the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the naira lost N82k.
IMF lowers borrowing costs by $1.2bn annually
This represents a 1.15 per cent loss when compared to the previous trading date on Thursday, October 10, when it exchanged at N1,640.45 to a dollar.
At the Investors and Exporters (I&E) window, the naira traded between N1,675 and N1,591 against the dollar.
To end the week, the stock market, on Friday, October 11, 2024, rebounded from previous…
Aviation giant Boeing has announced plans to cut 10 percent of its workforce as it…
The Executive Board of the International Monetary Fund (IMF) has approved to lower the Fund’s…
A 32-year-old man, Lanre Ogungbe, has been found dead in a hotel room at Soyoye…
Fisayo Dele-Bashiru came from the bench to score a goal as the Super Eagles of…
The Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has…
This website uses cookies.