Business

Naira appreciates by 3.3%, trades at N1,354/$

The Naira on Monday, May 6, 2024 further appreciated at the official market, trading at N1,354.21 to the dollar.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira gained N46.19.

Naira gains, exchanges at N1,400 against dollar

This represents a 3.29 per cent gain when compared to the previous trading date on Friday, May 3, when it exchanged at N1,400.40 to a dollar.

However, the total daily turnover reduced to $84.83 million on Monday, down from $201.88 million recorded on Friday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,441.00 and N1,285.00 against the dollar.

The Star

Editor

Recent Posts

Bago vows probe as Niger holds prayers for 37 miners who died in custody

The Niger State Government has promised to thoroughly investigate the deaths of 37 suspected illegal…

6 hours ago

Presidential campaign council: We don’t need your validation, OK Movement tells NDC

The Obidient-Kwankwaso (OK) Movement says it does not require the personal validation or approval of…

6 hours ago

Troops rescue two kidnap victims, arrest 11 in Plateau

Troops of Operation Enduring Peace have rescued two kidnapped victims and arrested 11 suspected members…

6 hours ago

APC challenges Atiku over proposed petrol subsidy

The All Progressives Congress Presidential Campaign Council has challenged former Vice-President Atiku Abubakar to explain…

7 hours ago

Awujale stool: Ruling house seeks fresh selection, elects new Olori Ebi

The Fusengbuwa/Jadiara Ruling House of Ijebu Ode, Ogun State, has called for a fresh process…

8 hours ago

Man City top EPL after Sunderland thriller as Liverpool beat Bournemouth

Brian Brobbey's hat-trick for Sunderland could not prevent Manchester City opening up a three-point lead…

9 hours ago

This website uses cookies.