Business

Naira Falls To N770 A Dollar

The Naira on Monday, June 19, closed at N770 per dollar at the investors and exporters (I&E) window.

 

FMDQ Securities Exchange Limited said Monday’s closing rate represents a 16.1 percent depreciation from the N663 recorded on the last trading day (Friday).

 

Though the Naira is yet to gain stability following changes implemented by the federal government in Nigeria’s foreign exchange (FX) market, data on FMDQ shows that investors traded about $78 million deals on the I&E window.

TruetellsNigeria

Recent Posts

Governor Okpebholo Appoints International Journalist Sulaiman Aledeh New MD Of EBS TV, Radio

Edo State Governor, Monday Okpebholo, has approved the appointment of International Journalist, Suleiman Aledeh, as…

2 hours ago

LAWMA MD Advocates Green Justice and Sustainability at Babcock University

The Managing Director/CEO of the Lagos Waste Management Authority (LAWMA), Dr. Muyiwa Gbadegesin, has advocated…

17 hours ago

NMGS Seeks Customs Partnership to Combat Resource Smuggling

    The Nigerian Mining and Geosciences Society (NMGS) has called for stronger collaboration with…

1 day ago

ZENITH TECH FAIR 4.0 ENDS ON A HIGH AS HACKATHON WINNERS GET N77.5M CASH REWARD

  A total sum of N77.5 million in prize money was won at the end…

2 days ago

Warri agog as Delta Security Trust boss wins Toyota Prado in Glo promo

Warri was agog with excitement on Thursday as the Board Chairman of Delta State Security…

2 days ago

At UBA Business Series, Experts Say Innovation, Passion Crucial to building Successful businesses

    Building businesses that stand the test of time requires a blend of innovation,…

3 days ago