Business

Naira trades N1,586/$ at official market

The naira closed at the rate of N1,586.11 against the United States dollar at the official market on Thursday, August 22, 2024.

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 gained N6.27.

It represents a 2.74 per cent gain when compared to the trading on Wednesday, August 21, when the local currency closed at N1,592.38  to a dollar.

Oando acquires Agip Oil’s assets for $783m, Wale Tinubu lauds deal

The naira traded at an intra-day high of N1,603.00 and a low of N1,500.00 to a dollar on Thursday.

The Star

Segun Ojo

Recent Posts

15 dead, 25 injured in Niger road crash

15 travellers have been confirmed dead, while 25 others were injured following a road crash…

21 minutes ago

Tax revenue rises 113% to N27.1trn in three years — NRS

The Nigeria Revenue Service (NRS) has disclosed that Nigeria’s tax revenue climbed by 113 per…

25 minutes ago

Cameroon knock Nigeria out of WAFCON

Nigeria’s Super Falcons on Sunday crashed out of the Women’s Africa Cup of Nations after…

8 hours ago

Police arrest clergyman, Air Force, Navy personnel over alleged plot to kidnap bishops’ wives

The Plateau State Police Command has arrested a clergyman and two security personnel over an…

9 hours ago

Motorist flees as pedestrian suffers severe injuries in Lagos

A pedestrian has been left critically injured after being struck by an unidentified motorist in…

10 hours ago

2027: APC races ahead, uploads candidates before deadline

The All Progressives Congress (APC) has completed the electronic upload of its candidates for all…

10 hours ago

This website uses cookies.