Business

Naira trades N1,611/$ at official market

The naira closed at the rate of N1,611.34 against the United States dollar at the official market on Tuesday, September 3, 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 lost N13.73.

It represents a 1.61 per cent loss when compared to the trading on Monday, September 2, when the local currency closed at N1,597.61 to a dollar.

NMDPRA: Dangote refinery’ll supply 25m litres of petrol daily

The naira traded at an intra-day high of N1,625.00 and a low of N1,540.00 to a dollar on Tuesday.

The Star

 

Segun Ojo

Recent Posts

EPL: Arokodare, Mundle racially abused on social media

Wolves striker Tolu Arokodare and Sunderland winger Romaine Mundle have become the latest Premier League…

34 minutes ago

NiMet forecasts 3-day dust haze, cloudiness across Nigeria

The Nigerian Meteorological Agency (NiMet) has predicted dust haze and cloudiness across the country from…

40 minutes ago

Oil prices drop amid Iran nuclear talks

Oil prices fell about 1% on Monday, February 23, 2026, as the United States and…

43 minutes ago

Tinubu approves N2.8trn power debt, rejects inflated bills

President Bola Ahmed Tinubu has approved N2.8trn as the Federal Government’s verified electricity subsidy debt…

52 minutes ago

Vigilante killed by colleague in Jos

The family of Jafar Umar, a member of the Hunters Vigilante group, has demanded justice…

1 hour ago

RECs face two-year jail for withholding documents

Nigeria’s newly enacted Electoral Act, 2026, has introduced sweeping reforms aimed at strengthening electoral integrity,…

1 hour ago

This website uses cookies.