Newsonline reports that Nigeria’s official currency, Naira has gained significantly against the U.S dollar at the official market, after the local currency experienced a profound fall against the hard currency in the previous session.
[the_ad id=”14679″]
Data from FMDQ securities exchange window, also known as the Investor and Exporters (I&E) window where forex is officially traded showed naira which opened at N413.71 closed at N413. 38 per $1.
[the_ad id=”14679″]
The currency’s performance on Thursday implies N1.35 or 0.33 per cent appreciation from N414.73 it exchanged hands with the greenback currency.
Newsonline Nigeria reports that this became significant as foreign exchange supply remained unchanged at $467.56 million, the same rate recorded at the close of business on Wednesday.
Naira touched an intraday high of N404.00 and a low of N415.20 before closing at N413.38 per $1 on Thursday.
[the_ad id=”14679″]
At the black market in Abuja and Lagos, dealers exchanged the naira at N570.00 per $1 on Thursday.
In Uyo, dealers said it traded at N575.00 a dollar in the morning but rose to N573.00 at the close of business on Thursday.
Direct link to watch all the Baltasar Engonga 400 videos with government officials wives, children…
FG has ordered Julius Berger to vacate Abuja-Kano Road Project. NewsOnline Nigeria reports that…
A new Terrorist Group, LAKURAWAS has sprung up in the North. NewsOnline Nigeria reports…
The first US Presidential Election Result has emerged. NewsOnline Nigeria reports that voting in…
FG has released minors charged with treason for protesting against hunger in Northern Nigeria. …
The black market dollar to Naira exchange rate on Tuesday 5th November 2024 can be…
