NAIRA DEPRECIATES AGAINST DOLLAR BY 0.6%
The Naira depreciated on Wednesday at the official market, trading at N1,681.65 to the dollar.
Data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira lost N10.33.
This represents a 0.61 per cent loss when compared to the previous trading date on Tuesday when it exchanged at N1,671.32 to a dollar.
Also, the total daily turnover reduced to 196.78 million dollars on Wednesday, down from 218.77 million dollars recorded on Tuesday.
At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,690.00 and N1,620.00 against the dollar.
More Stories
WORLD NEWS: HARRIS CONCEDES DEFEAT, CALLS TRUMP
The presidential candidate of the Democrats and U.S Vice-President, Kamala Harris has called the president-elect Donald Trump, and conceded defeat....
FG SIGNS MOU WITH CHINESE FIRM ON LOCAL HIV DIAGNOSTIC KITS
The Federal Government has signed a Memorandum of Understanding (MoU) with WONDFO BIOTECH Ltd., a global leader in the manufacturing...
UPDATE: POLICE ARREST FAKE DSS, OTHER OFFICERS, BUST ONE-CHANCE GANG TERRORIZING ABUJA COMMUTERS
In a continued effort to rid the Federal Capital Territory (FCT) of criminal elements, the Abuja Police have arrested 12...
NYSC CORPS MEMBERS CALL FOR IMPLEMENTATION OF N77,000 ALLOWANCE
National Youth Service Corps members have called on the Federal Government to implement the promised N77,000 allowance to alleviate the...
COURT ADJOURNS TRIAL OF 27 DETAINED YORUBA NATION AGITATORS
The trial of 27 Yoruba Nation agitators commenced on Wednesday at the Oyo State High Court in Ibadan, with all...
TINUBU DIRECTS FLAGS AT HALF-MAST TO MOURN LAGBAJA
President Bola Tinubu has directed that Nigeria’s national flags be flown at half mast for seven days across the country...