Business
Naira gains N28.34 against the Dollar at official market
The Naira gained N28.34 at the official market, trading at N1,468.99 to the dollar. Data from the Financial Market Dealers Quotation (FMDQ) Exchange, on Monday, May 20, 2024, revealed that the gain represented a 1.89 per cent appreciation for the Naira.
The percentage increase is impressive when compared to the previous trading date on Friday, May 17, 2024 when the local currency traded at N1,497.33 to the dollar.
Also, the volume of currency traded appreciated as the total daily turnover increased to 161.41 million dollars on Monday up from 83.50 million dollars recorded on Friday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,550 and N1,400 against the dollar.
-
Football6 days agoFrance confirms U-20 Women’s World Cup participation amid FIFA-UEFA rift
-
Business6 days agoNigeria’s external debt service falls 31.5% to $954m in Q1 2026
-
Football4 days agoWAFCON 2026: Super Falcons battle South Africa for World Cup play-off spot
-
Latest5 days agoMessi reportedly faced multiple bomb threats during 2026 World Cup
-
Latest4 days agoOsun 2026: Oyinlola group backs Oyebamiji, faults Adeleke over exclusion
-
Business1 day agoBigi, Fearless take campus engagement to new level, reach 20 tertiary institutions
-
Featured5 days agoOsun Governorship Election: Adeleke faces tough test as APC, ADC mount challenge
-
Latest5 days agoNFF denies calling for Infantino’s resignation