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

Benue 2027: Ex-AGF Aondoakaa emerges PDP consensus candidate

The former Attorney-General of the Federation (AGF) and Minister of Justice, Michael Aondoakaa (SAN), has…

2 hours ago

N8bn fraud: Court sends ex-Skye Bank Chairman Ayeni to Kuje prison

The Federal Capital Territory High Court on Monday remanded the former chairman of the now-defunct…

2 hours ago

‘Calculated mischief’: Otedola denies funding Dangote refinery

The Chairman of Geregu Power Plc and FBN Holdings, Femi Otedola, has dismissed reports alleging…

3 hours ago

NNPC records N276bn profit amid highest gas output in one year

Nigerian National Petroleum Company Limited recorded a profit after tax of N276bn in March 2026,…

3 hours ago

Divorced woman weeps in court: I have nowhere to go with 10 children, I was married off at 14

A 44-year-old woman, Zainab Isah, on Monday told a Shari’a Court in the Magajin Gari…

4 hours ago

NDLEA raids BUK, arrests six, dismantles drug joints in Kano

Operatives of the National Drug Law Enforcement Agency, Kano Strategic Command, have arrested six suspects…

4 hours ago

This website uses cookies.