National Economy
Saturday, May 24, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

Official Market Records Highest Rate at N1,513/$

by  BUKOLA ARO-LAMBO
1 year ago
in Business, Capital Market, E-Commerce
Reading Time: 1 min read
naira image
Share on FacebookShare on TwitterShare on Telegram

You May Like

NNPC/FIRST E&P JV Equips 180 Schools With Digital Learning Tools

JUST-IN: Tinubu Inaugurates New NNPCL Board

Despite the Central Bank of Nigeria (CBN) clearing off the foreign exchange claims of foreign airlines owed on Tuesday, the value of the naira at the official market dipped significantly at the official end of the market with the some trades closing at N1513 per dollar.
The closing rate at the Central Bank of Nigeria (CBN)closed on Tuesday night at N1,482.57 to the dollar, a bit higher than N1,460 that the greenback sold on the streets.
On Tuesday, the parallel market maintained its exchange rate, holding steady at N1,460/$1, without any depreciation.
Additionally, the official Investors and Exporters (I&E) window saw the naira closing at N1,482.57, reflecting a 9.94% decline or a loss of N133.95 compared to the previous day’s rate of N1,348.62.
According to data from the FMDQ website, the daily turnover for Tuesday was quoted at $72.33 million, marking a 12.50 per cent increase from the $64.29 million recorded on Monday. At the end of trading on Tuesday, the highest spot rate was N1,531 to the dollar, while the lowest spot rate recorded was N789 to the dollar.
Tags: Central Bank of Nigeria (CBN)Central Bank of Nigeria (CBN)FMDQofficial Investors and Exporters (I&E) window
ShareTweetShare
Previous Post

Linkage Assurance Gross Premium Written Hits N16.3bn

Next Post

Cadbury Nigeria Records 4228% Increase In Operating Profit

ANOTHER GOOD READ

NNPC/FIRST E&P JV Equips 180 Schools With Digital Learning Tools
Business

NNPC/FIRST E&P JV Equips 180 Schools With Digital Learning Tools

2 days ago
Business

JUST-IN: Tinubu Inaugurates New NNPCL Board

2 days ago
LG To Unveil Refrigerators With Advanced Cooling Technology 
Business

LG To Unveil Refrigerators With Advanced Cooling Technology 

2 days ago
Tsebo Announces New Identity, Pledges Renewed Commitment to Excellence
Business

Tsebo Announces New Identity, Pledges Renewed Commitment to Excellence

3 days ago
Banking On Women’s Health 2025: Experts Advocate Stronger Policies For Women’s Wellness
Business

Banking On Women’s Health 2025: Experts Advocate Stronger Policies For Women’s Wellness

1 week ago
2025 Summit: Stakeholders Set To Unlock Investment In Africa’s Media Industry
Business

2025 Summit: Stakeholders Set To Unlock Investment In Africa’s Media Industry

2 weeks ago
Next Post
Cadbury Nigeria Records 4228% Increase In Operating Profit

Cadbury Nigeria Records 4228% Increase In Operating Profit

Most Recent

Obasanjo, Sanwo-Olu, Adesina, Others To Speak At AgriConnect Summit 2025

Obasanjo, Sanwo-Olu, Adesina, Others To Speak At AgriConnect Summit 2025

May 22, 2025
naira

Access Bank, Deloitte Collaborate To Enhance Sustainable Growth For SMEs

May 22, 2025
NNPC/FIRST E&P JV Equips 180 Schools With Digital Learning Tools

NNPC/FIRST E&P JV Equips 180 Schools With Digital Learning Tools

May 22, 2025
PalmPay To Empower 5,000 Women, Youths In Kano

PalmPay To Empower 5,000 Women, Youths In Kano

May 22, 2025
Aviation Ministry To Partner TV Station On Projects

Aviation Ministry To Partner TV Station On Projects

May 22, 2025
HDAN Proposes Conversion Of Seized Estate Into Affordable Homes

HDAN Proposes Conversion Of Seized Estate Into Affordable Homes

May 22, 2025
Nigeria Raises Concerns Over Trump’s Order On Taxes, Tariffs For Foreign Countries

Trump To Host Private Dinner For Top Crypto Investors

May 22, 2025

Dangote Refinery Announces New Reduction In Petrol Prices Across Nigeria

May 22, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy