« previous next »
Pages: [1]   Go Down

Topic: Naira appreciates against dollar on first workday in 2025  (Read 650 times)

0 Members and 1 Guest are viewing this topic.

Naira appreciates against dollar on first workday in 2025
« on: January 04, 2025, 01:00:59 am »
Naira appreciates against dollar on first workday in 2025

The naira appreciated against the dollar at the foreign exchange market upon resumption of business after the New Year holiday.FMDQ data showed that the naira strengthened to N1,538.23 per dollar on Thursday from N1,538.25 on Tuesday, marginally gaining N0.02.Meanwhile, on the parallel market, the naira fell to N1665 per dollar on Thursday, from between N1655 and N1660 exchanged on Tuesday.The naira depreciated by 41 per cent against dollars in 2024 when compared with 2023.This comes as President Bola Ahmed Tinubu, in his New Year message to Nigeria, promised to stabilise the naira against the dollar.Tinubu, in his 2025 budget proposal, set the exchange rate at N1,500 per dollar.

Source: Naira appreciates against dollar on first workday in 2025

 - NigerianEye

The story behind the headline — analyzed by 10 AI models, updated 4x daily. → drux.space/hub
Logged
Pages: [1]   Go Up
« previous next »
 

Related Topics

  Subject / Started by Replies Last post
0 Replies
2740 Views 		Last post October 07, 2016, 01:00:42 pm
by thisday
0 Replies
2323 Views 		Last post June 01, 2018, 01:02:44 pm
by olutee
0 Replies
2163 Views 		Last post October 05, 2018, 01:11:34 am
by PulseNG
0 Replies
1035 Views 		Last post April 07, 2023, 01:00:19 pm
by PulseNG
0 Replies
1098 Views 		Last post October 28, 2023, 07:00:19 pm
by flukky-1
0 Replies
2432 Views 		Last post March 23, 2024, 07:04:56 pm
by PulseNG
0 Replies
1364 Views 		Last post April 10, 2024, 01:03:47 am
by flukky-1
0 Replies
891 Views 		Last post May 04, 2024, 07:10:49 pm
by PulseNG
0 Replies
884 Views 		Last post October 30, 2024, 01:00:36 pm
by PulseNG
0 Replies
258 Views 		Last post October 08, 2025, 01:03:34 pm
by clowntom