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.
Oil prices rose as much as 7% on Thursday on a report the United States…
The Nigerian stock market closed on a bullish note on Wednesday, April 29, 2026, recording…
BUA Foods Plc has recorded a profit after tax of N142.32 billion for the first…
The mother of 28-year-old musician, Oghenemine Ogidi, popularly known as OG Millan, has accused police…
The All Progressives Congress (APC) has expressed confidence of unseating Osun State Governor, Ademola Adeleke,…
The Economic and Financial Crimes Commission (EFCC) says it has commenced investigations into the activities…
This website uses cookies.