Naira slightly depreciates by 0.8% against dollar at official market

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Dollar Nyheter

Exchange Rate,Naira

The naira on Thursday slightly depreciated at the official market, trading at N1,402.67 to the dollar.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market , showed that the naira lost N11.71

Meanwhile, at the Investor’s and Exporter’s window, the naira traded between 1,445.00 and N1,299.42 against the dollar.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

The Abuja Chamber of Commerce and Industry has called on the federal government to urgently resolve the lingering fuel scarcity that is adversely impacting businesses across the country.Civil society organisations across West Africa have blamed worsening economic conditions, authoritarian civilian governments, imperialism, manipulation of election results, corruption and weak judiciaries for citizens’ preference for military rules, especially in West Africa.

The Chartered Institute of Stockbrokers has urged the Central Bank of Nigeria to support the institute to boost transactions in the Nigerian securities market.

 

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