Business and Brands
Naira Gains ₦75 Against Dollar In A Single Day
The naira has appreciated by N75.4 against the US dollar in a single day to bounce back in the foreign exchange market.
FMDQ data showed that the naira appreciated to N1,072.74 per dollar on Wednesday, compared to N1,148.14 recorded on Tuesday.
This represents a 6.56 per cent appreciation on a day-to-day basis.
Similarly, the parallel market appreciated to N1,040 per dollar in the parallel market on Wednesday from N1,100 per dollar on Tuesday.
The naira recorded an N60 gain against the dollar on the black market.
The development comes barely 24 hours after the naira recorded its first depreciation since March 2024.
Kunle Afolayan Reveals Why He Reconciled With His Brother, Aremu At Mother’s Burial
Here are the people Trump has picked for key positions so far
‘Junior Pope didn’t pay dues’ — AGN speaks on late actor’s case with Adanma Luke [VIDEO]
Becky Enenche Outrage: No Tithes, Back To Square One – Expensive Fires Back (Video)
Ace Journalist Sulaiman Aledeh Appointed Managing Director of Edo Broadcasting Service
Queen Lateefah: Wumi Toriola brags as she breaks box office record
Why I supported my daughter to pierce her navel – Bolanle Ninalowo [VIDEO]
Davido pays tribute to late mum on her Posthumous Birthday
Yahaya Bello: Betrayed By Trust, Redeemed By Choice By Abdul Mohammed Lawal
Crisis Rocks Celestial Church In Lagos State Over Controversial N5million Donation
Kayode, Chairman of Greenwich Merchant Bank receives NBCC 2024 Leadership Award
Kunle Afolayan finally reconciles with brother, Aremu at mother’s burial
TINUBU, AKPABIO ALLEGEDLY ON WAR PATH OVER N687BILLION PADDED INTO THE 2024 BUDGET
Trump picks Scott Bessent, the ‘investor favorite,’ for Treasury secretary
Wike, G5 Governors Out To Destroy PDP – Rep Member Ugochinyere
News21 hours agoKunle Afolayan finally reconciles with brother, Aremu at mother’s burial
Top Stories20 hours agoCrisis Rocks Celestial Church In Lagos State Over Controversial N5million Donation
Top Stories18 hours agoYahaya Bello: Betrayed By Trust, Redeemed By Choice By Abdul Mohammed Lawal
Breaking News17 hours agoQueen Lateefah: Wumi Toriola brags as she breaks box office record
News21 hours agoKayode, Chairman of Greenwich Merchant Bank receives NBCC 2024 Leadership Award
Entertainment17 hours agoDavido pays tribute to late mum on her Posthumous Birthday
Entertainment17 hours agoWhy I supported my daughter to pierce her navel – Bolanle Ninalowo [VIDEO]
- Breaking News5 hours ago
Kunle Afolayan Reveals Why He Reconciled With His Brother, Aremu At Mother’s Burial