The naira, on Wednesday, May 8, 2024, slightly depreciated at the official market, trading at N1,421.06 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 lost N4.49.
This represents a 0.31 per cent loss when compared to the previous trading date on Tuesday when it exchanged at N1,416.57 to a dollar.
CBN orders banks to suspend charges on cash deposits till September
However, the total daily turnover increased to N164.74 on Wednesday, up from $160.77 million recorded on Tuesday.
Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,440 and N1,335 against the dollar.
The Nigeria Democratic Congress (NDC) has introduced a stringent anti-defection policy requiring all its candidates…
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says retail cooking gas prices could…
The Court of Appeal in Abuja has stayed the execution of a Federal High Court…
The Federal Government has secured the conviction of 150 suspected terrorists out of 160 suspects…
A Federal High Court in Katsina has sentenced a woman, Hauwa’u Mukhtar, to death by…
President Bola Ahmed Tinubu on Tuesday commissioned a newly completed 10-unit Court of Appeal Judges’…
This website uses cookies.