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The naira appreciated against the dollar on Tuesday at the official foreign exchange market.
Obtained ata showed that the naira gained at N1630.35 per dollar on Tuesday from N1670.65 exchanged on Monday which represents N40.3 appreciation.
Meanwhile, at the black market, the naira dropped further to N1748 per dollar on Tuesday from N1746 traded the previous day.
This comes as FX transaction turnover increased to $242.59 million on Tuesday from $81.17 million on Monday when the naira depreciated.
At least 93 people are dead or missing after an Israeli air strike on the town of Beit Lahia in northern Gaza, in an attack that the United States called "horrifying". Rescuers said a five-storey residential building was hit, and videos on social media showed bodies covered in blankets on the floor. The Israeli military said it was "aware of reports that civilians were harmed on Tuesday in the Beit […]
Petroleum marketers have explained that they requested N100 billion intervention from the Nigerian Government to save businesses from collapse in the coming days amid the hike in the price of Premium Motor Spirit. This comes as oil marketers said that they are awaiting a positive response from the Nigerian Government […]
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