Business

Dollar, other foreign currencies To naira rates

News Update

THE naira saw a slight improvement against the dollar in the parallel foreign exchange market on Tuesday, Christmas Eve.

Abubakar Alhasan, a Bureau de Change operator based in Wuse Zone 4, Abuja, reported that the naira gained N3, trading at N1,637 per dollar on Monday, compared to its earlier rate of N1,640.

Naira Dollar
Money changers in Lagos, Nigeria on 25 September, 2023.

However, in the official market, the naira experienced a modest decline, closing at N1,540.45 per dollar on Tuesday, a dip from Monday’s rate of N1,539.55. This fluctuation unfolds as Nigerians celebrate ahead of Christmas on Wednesday, December 25, 2024.

Interestingly, Nigeria’s proposed 2024 budget of N49.7 trillion is anchored on an exchange rate assumption of N1,500 per dollar.

NOTE:
YOU can join our WhatsApp, Telegram for the News updates you need by sending your Full name & location to WhatsApp No. CLICK HERE @ Wa.me/+2348072633727

YOU CAN READ MORE NEWS UPDATES AND INFO @ https://www.voiceairmedia.com

VAM News

Recent Posts

Senator escapes death in APC primary shooting

Gunshots on Monday rocked some wards in the Ondo Central Senatorial District in Ondo State…

8 hours ago

Woman gives birth in court during drug charge arraignment

A pregnant woman shockingly gave birth to a baby boy in the middle of a…

9 hours ago

APC releases full list of senatorial aspirants not cleared for 2027 race

News Update THE All Progressives Congress, APC, has released the list of senatorial aspirants not…

10 hours ago

2027 Presidency: Goodluck Jonathan joins race

THE Tanimu Turaki-led faction of the Peoples Democratic Party, PDP, is set to screen former…

10 hours ago

Bus kills pedestrian in fatal crash

A pedestrian has lost his life after being knocked down by a Toyota Coaster bus…

11 hours ago

Court Grants El-Rufai N100m Bail, Sets Conditions

The Federal High Court in Abuja has granted bail to former Kaduna State Governor, Nasir…

12 hours ago