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.
Republican presidential candidate Donald Trump will on Saturday, October 5, 2024, return to the site…
The Federal Government has set up a committee to investigate the taxation and operational disputes…
United States President Joe Biden says he was not confident the U.S. election in November…
Juventus midfielder Paul Pogba says his "nightmare is over" after a four-year ban for doping…
The operatives of the Abia State Police Command have arrested three suspects in connection with…
The Central Bank of Nigeria (CBN) says it sold $543.5 million to authorised dealer banks…
This website uses cookies.