The naira depreciated at the official market on Wednesday, October 2, 2024, trading at N1,669.15 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 naira lost N127.21.
This represents an 8.24 per cent loss when compared to the previous trading date on Monday, September 30, when the local currency exchanged at N1,541.94 to a dollar.
Workers kick as FG suspends N40,000 rice sale
Also, the total daily turnover reduced to $176.45 million on Wednesday down from $181.86 million recorded on Monday.
Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,699 and N1,550 against the dollar.
The International Parliament Engagement Network (IPEN) has appointed the founder/executive director of OrderPaper Nigeria, Oke…
Governor Uba Sani has issued an Executive Order which increased the retirement age of the…
Wike has no time for political Hushpuppis – Aide The Minister of Federal Capital Territory…
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has given owners of the…
The Nigerian Army Council has approved the promotion of 108 senior officers to the ranks…
Struggling Manchester City travel to Aston Villa on Saturday desperately seeking to halt their dramatic…
This website uses cookies.