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For the first since last week, the naira appreciated marginally against the US dollar on Tuesday at the foreign exchange market.
Data from FMDQ showed that the naira appreciated 1,551.24 per US dollar on Tuesday from N1,574.62 traded on Monday.
This represents N23.38 or 1.5 per cent gain compared to the N1,574.62 recorded at the close of trading on Monday.
Recall that the last time the naira appreciated was last Thursday when it traded for N1,498.25 per US dollar.
Meanwhile, at the parallel market, the naira dropped to N1,740 on Tuesday from N1,660 per US dollar on Monday.
US prosecutors say an ex-FBI informant accused of lying about President Joe Biden and his son Hunter has high-level ties with Russian intelligence. The allegations against Alexander Smirnov, 43, were outlined in new Department of Justice filings in the case on Tuesday. Smirnov is accused of lying when he claimed bribes were paid to the Bidens via a Ukrainian energy firm, Burisma. He was charged last week with giving false […]
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