The naira depreciated by N10.3 against the U.S. dollar at the official window on Wednesday.
According to data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), the local currency closed at N1,681/$, down from N1,671/$ on Tuesday.
This reflects a 0.61 percent loss compared to the previous day’s rate.
Additionally, total daily turnover decreased to $196.78 million on Wednesday, down from $218.77 million on Tuesday.
At the Investor and Exporter (I&E) window, the naira traded within a range of N1,690 to N1,620 against the dollar.
Equatorial Guinea's President, Obiang Nguema Mbasogo, has appointed Zenón Obiang Obiang Avomo as the new…
The Defence Headquarters (DHQ) has issued a wanted notice for nine individuals linked to terrorism…
The Inspector General of Police, Kayode Egbetokun, has instructed all police officers across the country…
The Canadian federal government has ordered the closure of TikTok's business operations within Canada after…
Rev. Fr. Thomas Oyode, a Catholic priest from the Diocese of Auchi in Edo State,…
Nigerian artist Shallipopi has officially parted ways with the Dapper Music record label, which played…
