Business

Naira closes N1,540/$ at official market

The naira closed at the rate of N1,540.78 against the United States dollar at the official market on Friday, September 27, 2024.

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 N124.59.

It represents a 2.24 per cent gain when compared to the trading on Thursday, September 26, when the local currency closed at N1,665.37 to a dollar.

CBN sells $20,000 to BDCs at N1,590/$

The naira traded at an intra-day high of N1,691.00 and a low of N1,530.00 to a dollar on Friday.

The Star

Segun Ojo

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