The naira depreciated at the official market on Wednesday, October 2, 2024, trading at N1,669.15 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the naira lost N127.21.
This represents an 8.24 per cent loss when compared to the previous trading date on Monday, September 30, when the local currency exchanged at N1,541.94 to a dollar.
Workers kick as FG suspends N40,000 rice sale
Also, the total daily turnover reduced to $176.45 million on Wednesday down from $181.86 million recorded on Monday.
Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,699 and N1,550 against the dollar.
Shell has called on its contracting partners to sustain high safety standards across their operations…
The Economic and Financial Crimes Commission has arraigned two men before the Federal High Court…
Nigerian singer David Adeleke, popularly known as Davido, has dismissed reports linking Governor Ademola Adeleke’s…
The Bayelsa State House of Assembly has suspended the Chairperson of Sagbama Local Government Area,…
President Bola Tinubu has ordered the immediate preparation of a comprehensive National Threat Assessment and…
The General Officer Commanding, 3 Division Nigerian Army and Commander of Operation Enduring Peace, Major…
This website uses cookies.