Business

Naira loses 5.3% against dollar at official market

The Naira on Tuesday, April 23, 2024 depreciated at the official market, trading at N1,300.15 to the dollar.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira lost N65.66.

EFCC: Yahaya Bello withdrew $720,000 from Kogi account to pay child’s school fee

This represents a 5.3 per cent loss when compared to the previous trading date on Monday, April 22, when it exchanged at N1,234.49 to a dollar.

However, the total daily turnover increased to $133.65 million on Tuesday up from $110.17 million recorded on Monday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,317.00 and N1,000.00 against the dollar.

The Star

Editor

Recent Posts

Troops, TANTITA recover 24,000 litres of diesel

Troops of Sector 3 of Operation DELTA SAFE, in collaboration with TANTITA Security Services, have…

22 minutes ago

Troops arrest terror kingpin’s wife in Kwara

Troops of the Nigerian Army's 22 Brigade have arrested the wife of a suspected terror…

26 minutes ago

UK court clears Diezani of bribery charges

Former Nigerian Minister of Petroleum Resources, Diezani Alison-Madueke, has been acquitted of all six bribery…

30 minutes ago

Oyo teachers’ strike leaves pupils idle, worries parents

The indefinite strike by the Nigeria Union of Teachers (NUT) in Oyo State has sparked…

45 minutes ago

Why I can’t marry a Nigerian ― DJ Cuppy

Nigerian Disc Jockey Florence Otedola, fondly called DJ Cuppy, says family background and celebrity status…

1 hour ago

Rarara slams Davido over insecurity comments

Hausa political singer, Dauda Adamu, popularly known as Rarara, has criticised Afrobeats star David Adeleke,…

2 hours ago

This website uses cookies.