The naira gained at the official market, trading at N1,278.58 to a dollar on Tuesday.Data from the official trading platform of the FMDQ revealed that the naira gained N30.81 or 2.35 per cent, compared to the previous trading date on Thursday, 28 March 2024 just before the Easter holiday at the rate of N1,309.39 against … Read more
Naira fell against the United States dollar at both the authorised and unauthorised markets on Monday, data published by FMDQ and parallel market traders showed. According to the data, the domestic currency closed at N1,348 per $1 at the official window on Monday. The rate represents a N528.1 or 51.1 per cent depreciation from the … Read more
Nigeria’s naira ranked third among the world’s worst performing currencies this year, a Bloomberg report said. Of the 151 currencies tracked by Bloomberg this year, naira was the world’s worst performer after the Lebanese pound and the Argentine peso, after closing at N1,043 per $1 on Thursday — about 72 hours to the end of … Read more
