URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    Democratic System In Nigeria Gradually Lossing Popularity, Primate Ayodele Tells Tinubu
    August 25, 2024
    ‘We’re Not Barren But Fruitful, Obaseki’s Wife Response Against oshiomhole’s Outburst
    September 8, 2024
    Outstanding  Salaries: we’ll Embark On Nationwide Strike, SSANU, NASU Warns FG
    September 19, 2024
    Latest News
    Nnaji Hits Mbah Over Defection, Says Crowds Rented For the Said Purpose
    October 15, 2025
    2027: APC in Dilemma as NNPP, LP,  Dumps Party For PDP In Benue South
    October 13, 2025
    Ekiti Guber:  ADC Aspirants To Voters- Avoid Cash Gift, Rice, Don’t Be Decieved  Again 
    October 12, 2025
    What Justice Dighi Said Regarding Presidential Pardon, Tinubu Granted Saro-Wiwa, Others
    October 10, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Why Dollar Increase By 117% As Naira Appreciates At FX Market
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Business > Why Dollar Increase By 117% As Naira Appreciates At FX Market
BusinessDiscover

Why Dollar Increase By 117% As Naira Appreciates At FX Market

urbanexpresslive
Last updated: September 21, 2024 9:08 am
urbanexpresslive
Share
1 Min Read
SHARE

Taiwo Popoola

The supply of the Dollar and other currencies increased by 117 percent at the foreign exchange market as the Naira strengthened on Friday.

FMDQ data showed that the foreign exchange transaction turnover, which indicates a rise in liquidity in the FX market, increased to $190.57 million on Friday from $87.51 million on Thursday.

This represents a $103 million or 117 percent increase compared to the $87.51 million.

The development comes as Naira gained at N1,541.52 and N1.663 against the dollar on Friday to end the week on a good note at the official and parallel foreign exchange.

Further week-on-week analysis showed that the Naira appreciated slightly against the N1,546.41 and N1665 exchange rate on Friday last week.

This comes as the Central Bank of Nigeria announced that it would  Hold its 297th  Monetary Policy Meeting next week to decide on interest rates and other monetary policy measures.

You Might Also Like

To Guarantee Safe Motherhood- Nigeria Has All It Takes- TCI

‘Oja Oge’ By Ecobank; All Set for Second Edition, over 100 Exhibitors Listed

Kano Govt Replies Ganduje One One-Party System; Says China Practices One Party, But Executes Corrupt Politicians

Why Workers Refuse to Sell Out In India Trade Deal- British Govt

Over Unpaid Bill-how Imo Activist Secures Release of Twins Sized By Doctors

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Edo Election Dev: Army, Police Takes Over Benin Advisees Residents To Cast Their Vote
Next Article Championship: Why Cardiff City Gets Collins Boost Ahead Leeds Utd Clash
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Don’t Nurse Defection Thoughts, PDP Chieftain, Ibok Cautions Senator Jarigbe
Uncategorized October 16, 2025
2026 World Cup: Why England Can’t Win the Trophy-  Paul Scholes
Urban Sports October 16, 2025
EPL: Why Owen Hargreaves Reveals Signing Man Utd Should’ve made Before Bringing in Cunha, Mbeumo
Urban Sports October 16, 2025
Why Lionel Messi named one of 10 Best Young Players currently 
Uncategorized October 16, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account