Business

Naira trades 1,593/$ at official market

The naira closed at the rate of N1,593.62 against the United States dollar at the official market on Thursday, August 8, 2024.

This was contained in the data on the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM).

It represents a 0.18 per cent loss when compared to the trading on Wednesday, August 7, when the local currency exchanged at N1,593.38 to a dollar.

CBN offers $876m to forex market, pledges more liquidity support

The naira traded at an intra-day high of N1,616 and a low of N1,520 to a dollar on Thursday.

Dollar supply between willing sellers and willing buyers also increased to $141.99 million on Thursday from $93.92 million recorded on Wednesday.

The Star

Segun Ojo

Recent Posts

85-year-old woman brutalised over witchcraft accusation in Zamfara

An 85-year-old woman in Zamfara State has allegedly been subjected to severe physical assault after…

6 hours ago

Ajayi makes history with Diamond League 100m bronze

Nigeria’s Kanyinsola Ajayi has secured a historic podium finish in the men’s 100 metres at…

7 hours ago

Economic hardship driving youths to sell kidneys — Atiku

Former Vice President and African Democratic Congress presidential candidate, Atiku Abubakar, has criticised the economic…

8 hours ago

Ghana launches app to verify marriage, divorce records

Ghanaians can now use a new digital platform to verify marriage and divorce records and…

8 hours ago

Court bars Lizzy Anjorin from sharing Priscilla Ojo’s son’s photos

A Lagos State High Court has ordered Nollywood actress Lizzy Anjorin to stop publishing or…

8 hours ago

FULL LIST: ADC unveils governorship candidates in 28 states

The African Democratic Congress (ADC) has released the names of its governorship and deputy governorship…

9 hours ago

This website uses cookies.