Saturday, July 26, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE

Naira falls to N1,300/$

...quoted above N1,300/$ on binance

Adejayan Gbenga Gsong by Adejayan Gbenga Gsong
January 16, 2024
in Business, National
Reading Time: 1 min read
0 0
A A
0
Naira to dollars
Share on FacebookShare on Twitter
  • The naira’s continued fall is happening despite efforts by the government to boost liquidity in the official market

The naira is currently trading above N1,300/$ on the Peer-to-Peer cryptocurrency window on Tuesday.

This is as many traders on the parallel market confirmed that the national currency is trading close to N1,300 in that segment of the market. On the Binance platform, the naira is currently quoted above N1,300/$.

Some Bureau de Change Operators disclosed that the quoted value is reflective of market realities.

While the official market is yet to close, details from the FMDQ OTC Securities Exchange revealed that the national currency closed trading at N838.95/$ on Monday.

READ ALSO

Why Peter Obi must notify Gov Okpebholo before visiting Edo – Oshiomhole

Tinubu commends diaspora for $20.93bn remittances in 2024

I informed Tinubu of Buhari’s sinister move to scuttle his presidential ambition – Fayose

I’ll support Tinubu in 2027, I can’t leave my kinsman to back another person – Fayose

The naira’s continued fall is happening despite efforts by the government to boost liquidity in the official market. Recently, the Nigerian National Petroleum Company Limited got $2.25bn of a $3.3bn oil-for-cash loan facility from the African Export-Import Bank to boost FX liquidity.

POPULAR TODAY

    • All
    • National
    • Local News
    • Politics
    • World News
    • Sports
    • XTRA
    Labour Party National Chairman, Barrister Julius Abure handing over the Certificate of Return to Hon Chuma Nzeribe, candidate for the Anambra South Senatorial election. Flanked by the National Legal Adviser, Barrister Kehinde Edun (left), Deputy National Chairman Chief Clement Ojukwu (right) and National Secretary, Alhaji Umar Farouk Ibrahim.

    Bye-elections: LP’s Nzeribe banks on Peter Obi to win Anambra south poll

    July 25, 2025

    ‘You’re wrong, Tinubu has 43 interventions in north’ — presidency replies Kwankwaso

    July 25, 2025

    Fayose: I held back criticism of Buhari after death due to wife’s advice

    July 26, 2025

    Lagos police recover lost Beninese sisters, hand them over to father

    July 25, 2025

    Discussion about this post

    ADVERTISEMENT
    NEWS PICKS — WITHIN NIGERIA

    WITHIN NIGERIA MEDIA LTD.

    NEWS, MULTI MEDIA

    WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

    Follow us on social media:

    CORPORATE LINKS

    • About
    • Contacts
    • Report a story
    • Advertisement
    • Content Policy
    • Privacy Policy
    • Terms
     
    • Fact-Checking Policy
    • Ethics Policy
    • Corrections Policy
    • REPORT A STORY
    • PRIVACY
    • CONTACT US

    © 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • HOME
    • FEATURES
    • NEWS PICKS
      • BREAKING
      • National
      • Local News
      • Politics
      • Diaspora
      • Business
      • Education
      • Sports
      • World News
        • Africa
        • U.S
        • Asia
        • Europe
      • XTRA
    • ENTERTAINMENT
    • MORE
      • GIST
      • ARTICLES
      • VIDEOS

    © 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName