Business
Naira Gains Against Dollar For Second Consecutive Day
The naira further firmed up against the dollar at the foreign exchange market on Wednesday, marking the second consecutive day of appreciation.
FMDQ data showed that the naira appreciated to N1,510.72 against the dollar on Wednesday, up from N1,522.28 on Tuesday gaining N11.58.
Similarly, on the black market, the naira fell to N1,623 against the dollar on Wednesday, down from N1,625 traded on Tuesday.
Read Also: Makinde Mandates Civil, Public Servants To Wear Aso Oke Once A Week
The recent appreciation of the naira follows the Central Bank of Nigeria’s announcement on Tuesday of a new FX Code aimed at ensuring transparency in transactions within the country’s foreign exchange market.
It is worth noting that the naira also appreciated against the dollar on Tuesday.
-
Metro9 months agoHusband Of Osun Missing Police Cries Out To IGP For Help
-
National9 months agoLagere Flyover: Ooni Lauds Gov Adeleke, Urges To Do More On Stomach Infrastructure
-
National9 months agoOsun Monarch Threatens Journalists As Fake Doctor Nabbed Over Pregnant Woman’s Death Freed, Resumes Duty At Hospital
-
Education6 months agoOsun Poly Commences Sales Of HND Admission Application Form For 2024/2025 Session
-
Entertainment9 months agoBuried Alive Challenge : Man Speaks From Underground After 23 hours
-
National9 months agoNigerian Man Announces ‘Buried Alive For 24 Hours’ Challenge
-
National9 months agoBinance CEO Claims Nigerian Officials Demanded Crypto Payments To ‘Make Issues Go Away’
-
Politics9 months agoGov Ododo Spent 100 Days Serving Bello As Special Driver – Okai