Business

Naira trades N1,666 at official market

The naira appreciated at the official market on Friday, November 1, 2024, trading at N1,666.72 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 naira gained N8.77.

This represents a 0.52 per cent gain when compared to the previous trading on Thursday, when it exchanged at N1,675.49 to a dollar.

Court orders forfeiture of $2m, 8 properties linked to Emefiele

The total daily turnover, however, reduced to $94.20 million, down from $166.61 million recorded on Thursday.

At the Investors and Exporters (I&E) window, the naira traded between N1,685.00 and N1,600.00 against the dollar.

The Star

Segun Ojo

Recent Posts

Aide: Oborevwori has cordial relationship with Tinubu, won’t dump PDP for APC

The Executive Assistant to Delta State Governor Sheriff Oborevwori on Public Enlightenment (Projects and Policies),…

9 hours ago

Delta govt clarifies delay of N1bn MSME loan

The Delta State Government has assured that the approved N1 billion loan for Micro, Small…

10 hours ago

‘I’ll wield big stick’: Adeleke vows to depose Osun monarchs over communal clashes

Osun State Governor Ademola Adeleke has vowed to remove from office any traditional ruler who…

12 hours ago

Myanmar declares week of mourning as earthquake death toll surpasses 2,000

Myanmar's military leadership, on Monday, March 31, 2025, declared a week of national mourning following…

14 hours ago

Fidelity Bank records N385.2bn profit, investors to get N2.10 dividend

Fidelity Bank Plc has reported a pre-tax profit of N385.2 billion for 2024, representing a…

15 hours ago

Tinubu extends Immigration boss Nandap’s tenure till Dec 2026

President Bola Ahmed Tinubu has approved an extension of Mrs. Kemi Nanna Nandap's tenure as…

15 hours ago