The naira, on Monday, July 15, 2024, depreciated at the official market, trading at N1,577.29 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 N13.49.
This represents 0.86 per cent loss when compared to the previous trading date on Friday, July 12, when the currency exchanged at N1,563.80 to a dollar.
Nigeria’s inflation rate hits 34.19%
However, the total daily turnover increased to $153.53 million on Monday, up from $126.50 million recorded on Friday.
Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,590 and N1,470 against the dollar.
The National Environmental Standards and Regulations Enforcement Agency (NESREA) has ordered the closure of the…
The Central Bank of Nigeria has projected that the country’s external reserves will rise to…
Ten Nigerian states plan to raise about N4.287tn through borrowing, bonds, grants, capital receipts and…
The Economic and Financial Crimes Commission (EFCC) has arraigned Bauchi State Commissioner for Finance and…
The Federal Road Safety Corps (FRSC) has confirmed that 18 people lost their lives in…
The National Vice Chairman of the All Progressive Congress (APC), South South, Victor Giadom, says…
This website uses cookies.