Business

Naira trades N1,645/$ at official market

The naira bounced back after consistent three-day losses and appreciated at the official market on Wednesday, November 13, 2024, trading at N1,645.40 against the dollar.

Data from the official trading platform of the FMDQ Exchange revealed that the naira gained N44.48.

This represents a 2.63 per cent gain when compared to the previous trading date on Tuesday when it exchanged at N1,689.88 to a dollar.

EFCC arraigns syndicate impersonating Olukoyede for $700,000 fraud

The total daily turnover also increased to $236.84 million on Wednesday up from $106.44 million recorded on Tuesday.

At the Investors and Exporters (I&E) window, the naira traded between N1,698.50 and N1,609.00 against the dollar.

The Star

Segun Ojo

Recent Posts

FG returns 50,000 Nigerian refugees in three years

The National Commission for Refugees, Migrants and Internally Displaced Persons says it has facilitated the…

38 minutes ago

Dangote adds 4,000 machines for refinery expansion

Dangote Industries Limited has acquired 4,000 additional construction machines as it begins expanding its Lekki…

44 minutes ago

‘Danger for secondary school education’: NLC opposes concession of Kings College, Unity Colleges

The Nigeria Labour Congress (NLC) has opposed the proposed concession of King’s College in Lagos…

46 minutes ago

Remi @66: I’d choose same road that led me to you — Tinubu

President Bola Ahmed Tinubu has celebrated his wife, First Lady Oluremi Tinubu, on her 66th…

57 minutes ago

Oil prices hit one-week low over boost to diplomacy in US-Iran war

Oil prices slid to their lowest in more than a week on Monday, September 21,…

1 hour ago

Weak demand leaves manufacturers with N2.1trn stock

Nigerian manufacturers recorded N4.54tn in investments in 2025, but finished goods worth about N2.12tn remained…

1 hour ago

This website uses cookies.