Naira
NewsOnline Nigeria reports that the naira has suffered a significant depreciation on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, falling to N1,561.98/$1 on Wednesday, July 10, 2024.
According to data from the FMDQ Securities Exchange, the naira depreciated by 2% from N1,532.58/$1 recorded the previous day.
This is the third consecutive deprecation amid stronger external reserves and rising foreign exchange (FX) turnover.
It is also the lowest level since March 18, 2024, when it was N1,597.25/$1, as the naira nears N1,600 less than three weeks after it crossed the N1,500 ceiling.
More Details Shortly….
Senate has confirmed the 21 fresh appointees by President Tinubu for RMAFC. NewsOnline Nigeria…
Umar Sani has hinted on Nyesom Wike’s suspension from PDP. NewsOnline Nigeria reports that…
NNPCL has broken the silence on the alleged petrol price control agreement with IPMAN and…
Reps have directed President Tinubu to submit the 2025 budget to the parliament with immediate…
FG is planning a cash transfer to 20 million poor Nigerians. NewsOnline Nigeria reports…
Details of how PMS Prices skyrocketed from N175 to N1,030 under Tinubu as Petroleum Minister…
