Business
Naira stabilises at official market, gains N3 at black market
The Naira exchanged at N429.38 to the dollar at the CBN’s Investors and Exporters window. This is the same value Naira exchanged for on Wednesday at the official market
FMDQ securities data showed that the open indicative rate closed at N427 to the dollar on Thursday.
An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N429.38.
The Naira sold for as low as 417 to the dollar within the day’s trading.
During the day trading, a total of 63.3 million dollars was traded in foreign exchange at the official Investors and Exporters window on Thursday.
Naira also recorded a positive trade on the black market on Thursday.
Bureau de Change operators confirmed Naira gained N3 to exchange at N677/$ on Thursday compared to N680 on Wednesday.
-
Football1 week agoArgentine presenter Florencia Peña resigns after false on-air report about Lionel Messi’s father
-
Latest1 week agoSex video leak sparks disciplinary action as FUOYE suspends two students
-
Business1 week agoThe CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising
-
Comments and Issues1 week agoEkiti 2026: Will INEC redeem self or slide further?
-
Latest1 week agoTinubu Grants Customs Boss Adeniyi Final Six-Month Extension to Oversee Single Window Project, Succession
-
Latest6 days agoAPC’s Asogwa wins Enugu North senatorial by-election by wide margin
-
News1 week agoYiaga Africa Flags Discrepancies in Ballot Papers of Ekiti Governorship Poll
-
Football1 week agoWorld Cup group stage heats up as Germany face Ivory Coast, Netherlands meet Sweden in crucial fixtures