The naira, on Tuesday, May 7, 2024, depreciated at the official market, trading at N1,416.57 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 N62.36.
This represents a 4.60 per cent loss when compared to the previous trading date on Monday when it exchanged at N1,354.21 to a dollar.
‘It’ll worsen suffering’: NLC demands cybersecurity levy reversal
However, the total daily turnover increased to 160.77 on Tuesday, up from $84.83 million recorded on Monday.
Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,445 and N1,301 against the dollar.
The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested five suspected foreign…
The operatives of the Makurdi Zonal Command of the Economic and Financial Crimes Commission (EFCC)…
Manchester City, on Sunday, won the Premier League title for a record fourth season in…
A helicopter carrying Iranian President Ebrahim Raisi, on Sunday, suffered a “hard landing” in the…
President Bola Tinubu has appointed his spokesman, Ajuri Ngelale, as the Special Presidential Envoy on…
President Bola Tinubu has approved the appointment of the Infrastructure Corporation of Nigeria (InfraCorp) as…
This website uses cookies.