Business

Naira trades N1,473/$ at official market

The naira, on Tuesday, June 11, 2024, further appreciated at the official market trading at N1,473.66 to the dollar.

Data from the official trading platform of the FMDQ Exchange showed that the naira gained N9.96.

This represents a 0.67 per cent gain when compared to the previous trading date on Monday when it traded at N1,483.62 to the dollar.

Nigeria records N1.43trn VAT in Q1 2024

However, the volume of currency traded increased to $385.91 million on Tuesday up from $161.69 million recorded on Monday.

Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,495 and N1,415 against the dollar.

The Star

Segun Ojo

Recent Posts

Valentine’s Day: Heartbreak songs top Nigerians’ playlists — Spotify

Heartbreak tunes, more than love songs, have dominated Nigerians’ listening this Valentine’s season, according to…

2 hours ago

Carrick wins Premier League Manager of the Month award for January

Manchester United head coach Michael Carrick has been named the Premier League Manager of the…

2 hours ago

INEC announces dates for 2027 presidential, governorship, NASS elections

The Independent National Electoral Commission (INEC) has announced that the 2027 Presidential and National Assembly…

3 hours ago

Troops foil terror ambush, recover supplies in Borno

Troops under the Operation Hadin Kai have foiled an attempted ambush by suspected Boko Haram/Islamic…

3 hours ago

NDLEA seizes 64 bags of cannabis hidden in cement truck in Kano

The National Drug Law Enforcement Agency (NDLEA) has intercepted 64 bags of cannabis concealed inside…

3 hours ago

AU summit: Nigeria secures permanent seat on African Central Bank board

Nigeria has recorded major diplomatic and institutional gains at the 39th session of the Executive…

4 hours ago

This website uses cookies.