Business
Naira stable at black market, trades for N676.38/$1
Naira recorded a marginal appreciation on Tuesday morning, trading at a minimum of N676.38/$1 compared to N678.98/$1 recorded on Monday.
At the official window, the Naira
kicked off the new week on a low as it depreciated against the dollar at the Investors and Exporters window, the official foreign exchange market.
According to FMDQ securities data obtained showed Naira’s value decreased by 0.09 per cent to close at N430 on Monday compared with the N429.62 it exchanged for the dollar before the close of business on Aug. 12.
Naira performance happened as a total of $134.30 million was traded by participants at the I&E window.
Continue Reading
-
Latest1 week agoGlobal excitement builds as Healing Streams Live Services returns October 23
-
Featured6 days agoInside INEC’s race to prepare for Nigeria’s 2027 elections
-
Featured6 days ago2027: APC unveils nationwide campaign timetable, Tinubu to rally in 12 states
-
Business1 week agoPresident Tinubu and the Low Transport Fares Fiasco
-
Business4 days agoNaira faces exchange rate gap as Dollar hits N1,380 on parallel market
-
Business6 days agoCourt dismisses ₦170m Trade Fair contract claim, says Zenith Bank was not a party
-
Latest6 days agoBreaking: NNPCL raises petrol price to ₦1,405 per litre amid discount controversy
-
Business1 week agoRite Foods targets beverage market growth with LIDA Malt