Naira gains 0.62% at official market
The naira gained at the official market as it traded at N1,255.07 to a dollar on Thursday.
Data from the official trading platform of the FMDQ revealed that the naira gained N7.78.
This represents a 0.62 per cent appreciation compared to Wednesday’s trading when it exchanged at N1,262.85 to a dollar.
However, the total turnover increased to $138.99 million on Thursday, up from $166.18 million recorded on Wednesday.
Meanwhile, the naira traded between N1,294 and N1,200 against the dollar at the Investor’s and Exporters’ window.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
Governor Otti reiterates commitment to sustain security in Abia
Governor Alex Otti has reiterated his commitment to ensuring the adequate security of lives and property in Abia.
Anti-Corruption
EFCC says 39 alleged internet fraudsters nabbed in Benin
”The suspects will be charged to court soon,” the anti-graft agency said.
NationWide
FG reiterates commitment to repositioning Nigerian youths
FG expressed readiness to collaborate with ICYF on youth empowerment to make the younger generation productive and self-reliant.
Showbiz
Charles Inojie, Ali Nuhu express gratitude for success of viral video, encourage #MakeWeHalla challenge
“We are asking bystanders to take action – Make We Halla – to show they don’t agree with violence and take a stand,” said the actors.
Economy
Microsoft forecasts AI to generate $15.7 trillion for global economy by 2030
Microsoft, a multinational technology company, said artificial intelligence could contribute up to $15.7 trillion to the global economy by 2030.
Economy
Reps minority caucus condemns FG’s electricity tariff hike
The minority leader said the abrupt hike would burden the already strained populace, exacerbating economic hardship.