Business

Naira trades N1,600 against dollar at official market

The naira closed the week stronger at the official market, trading at N1,600 to the dollar on Friday, October 25, 2024.

Data from the official trading platform of the FMDQ Exchange revealed that the naira gained N1.20.

This represents a 0.07 per cent gain when compared to the previous trading date on Thursday when it exchanged at N1,601.20 to a dollar.

CBN: No deadline on old naira notes

Also, the total daily turnover increased to $284.93 million on Friday up from $230.99 million recorded on Thursday.

At the Investors and Exporters (I&E) window, the naira traded between N1,682 and N1,589.82 against the dollar.

The Star

Segun Ojo

Recent Posts

Malam Fatori attack: ISWAP death toll rises to 75

The number of ISWAP fighters killed during a failed assault on troops in Malam Fatori…

44 minutes ago

Ndidi, Lookman, 21 others in Super Eagles squad for Iran, Jordan friendlies

Super Eagles head coach Eric Chelle has named captain Wilfred Ndidi, Alex Iwobi, and Ademola…

1 hour ago

Eid-el-Fitr: NSCDC deploys 53,500 personnel nationwide

The Nigeria Security and Civil Defence Corps (NSCDC) has announced the deployment of over 53,500…

2 hours ago

Iran executes man spying for Israel

Iran has executed a man accused of working as a spy for Israel’s intelligence agency,…

2 hours ago

10 Filipino sailors convicted, fined $6m for cocaine trafficking

The Federal High Court sitting in Lagos has convicted 10 Filipino sailors and their merchant…

3 hours ago

Oyebanji: My govt turning Ekiti barren lands into commercial hub

Ekiti State Governor Biodun Oyebanji has reiterated his administration’s commitment to ensuring that owners of…

3 hours ago

This website uses cookies.