Business
Naira Weakens Further Against Dollar
The naira depreciated further against the dollar as the foreign exchange market resumed trading.
At the parallel market, the naira weakened to around N1505 against the dollar on Monday from 1490 last Friday.
Similarly, FMDQ data showed that the naira dropped to N1490 against the dollar on Monday from N1485.53 last Friday.
This represents a marginal N4.47 loss against the dollar compared to N1485.53 on Friday.
The development comes as foreign exchange transaction turnover dropped to $152.00 million on Monday from $193.50 million last Friday.
-
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