The naira, on Monday, May 20, 2024, gained N28.34 at the official market, trading at N1,468.99 to the dollar.
Data from the official trading platform of the FMDQ Exchange revealed that the gain represented a 1.89 per cent appreciation for the naira.
The percentage increase is impressive when compared to the previous trading date on Friday, May 17, when the local currency traded at N1,497.33 to the dollar.
CBN halts 0.5% cybersecurity levy
Also, the volume of currency traded appreciated as the total daily turnover increased to $161.41 million on Monday up from $83.50 million recorded on Friday.
Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,550 and N1,400 against the dollar.
The death toll in a bus accident in central Bangladesh has risen to 26 after…
Troops of the Nigerian Army’s 8 Division, operating from the Forward Operating Base (FOB) in…
Israel struck new targets across Iran on Thursday, March 26, 2026, after Tehran rejected United…
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to safeguarding the stability of…
FirstBank, one of West Africa’s leading financial institutions, has announced the next edition of its…
The Edo State High Court sitting in Benin, the state capital, has convicted and sentenced…
This website uses cookies.