MC Oluomo Defies Court Order, Assumes Office as NURTW President
November 20, 2024Federal Government Reshuffles Governing Councils of FUOYE, Kogi Varsity
November 20, 2024
Friday, November 22, 2024
Naira Depreciates By 0.16% Against Dollar At Official Market
Naira Depreciates By 0.16% Against Dollar At Official Market
The Naira on Friday recorded loss at the official market, trading at N1,483.99 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira lost N2.50.
This represents a 0.16 percent loss when compared to the previous trading date on Thursday, trading at N1,481.49 to the dollar.
However, the volume of currency traded increased to $269.27 million on Friday up from $213.31 million recorded on Thursday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,507.00 and N1,399.00 against the dollar.
( NAN)