Job Vacancies Free CBT Exams Join R-Community Make Money News Headlines Search Follow us on: Facebook Community Twitter Channel

Naira begins New Week with depreciation against dollar

Naira begins New Week with depreciation against dollar
Naira begins New Week with depreciation against dollar
The naira boomeranged to depreciation against the dollar at the foreign exchange market to kick off the week.

FMDQ data showed that the naira slightly weakened to N1603.16 on Monday from N1600.78 exchanged on Friday, recording a marginal N2.38 loss.



Similarly, at the parallel market, the naira dropped to N1730 per dollar on Monday from N1725 traded previous week Friday.

This comes as FX transaction turnover on Monday stood at $359.22 on Monday, a slight increase from $350.72 million on Friday.



Recommended Videos:

The future implosion Northern Nigerian leaders may need to wake up against

The Reasons Shell Gave me for Avoiding Nigerian Refineries - Obasanjo

Wife tears husband's International Passport to pieces as they arrive at the International Airport in Lagos



Regards to Daily Post


Category: World-News
Tag: Naira begins New Week with depreciation against dollar
Written by Author
Published 10/21/2024

Join us on:
Facebook | WhatsApp Community
| Twitter| WhatsApp Channel
How would you react to this story?
Thump Up Thumb Down
Thumb Up Thumb Up
0 0

Hey!
You cannot submit comment on this topic because you are not currently login. You can choose to Login or Create an Account then you are good to join the discussion.

Author
Author Author (Entrant )
6 months ago
0     0     - 0 Replies    

Most Recent Comments         Load More Comments

Trending Now

Load More

Local News

Osun Gov't Drags for Ridiculing Judiciary Over LG Crisis

The Osun State Government has declined the claims made by the All Progressives Congress APC in the state announcing that the party is attempting to evade the consequences of its unlawful occupation of local government secretariats The government implicated the APC of resorting to baseless blackmail against the judiciary to cover up its legal quandary hellip

Vandals Attack 24-inch Pipeline in Bayelsa

A 24inch gas pipeline situated in the Southern Ijaw Local Government Area has been attacked by a few yettobeidentified vandals Confirming the attack Bayelsas commissioner for information and orientation Ebiuwou KokuObiyai stated the vandals damaged the OgboinbiriObiobi 24inch gas pipeline Located between Angiama and Angiamagbene communities KokuObiyai stated the attack by the criminals is an economic hellip

Minister Suggests Two-Year Service Year for NYSC Members

The National Youth Service Corps NYSC reports the education ministry recommends the augmentation of the scheme039s duration to two years

Emir Sanusi In Police Station for Questioning over Eid-el-Fitr Crisis In Kano

The Kano state police command has invited Muhammadu Sanusi the Emir of Kano for questioning over suggested killings that occurred during the recent EidelFitr celebration

CBN Defends Naira Against Impacts of US Tarrifs, Boosts FX Market With $197m

The Central Bank of Nigeria discloses it sold dollar 19771 million to authorised dealers to boost liquidity in the alien reciprocate FX market

Group Beg Tinubu To Declare State of Emergency in Northwest State

A prodemocracy United Democratic Coalition UDC has summoned on President Bola Tinubu to as a matter of urgency reveal a State of Emergency in Zamfara State The group citing the security situation of the state reported the breakdown of democratic order in Zamfara warrants the proclamation of a State of Emergency In as statement issued hellip

Ogun APC, Oladunjoye, Is Dead

Tunde Oladunjoye the spokesperson for the All Progressives Congress APC in Ogun State is dead Oladunjoye was reported to have reportedly died on Friday April 4 2025 after a brief illness While there is no formal statement on his passing a post made by his friends on his Facebook page reported he died after being hellip

Militants Destroys Major Gas Pipeline in Bayelsa

Hoodlums suspected to be oil thieves have vandalized the OgboinbiriObiobi 24inch Gas Pipeline between Angiama and Angiamagbene in Southern Ijaw Local Government Area of Bayelsa state The OgboinbiriOBOB gas pipeline which is a 24inch gas pipeline is formerly operated by Nigerian Agip Oil Company however that may be Oando plc had since acquiredhellip

Sowore Asks Patience Jonathan to Defend Allegedly Stolen N750m Jewelry

Activist politician Omoyele Sowore has disclosed former Nigerian First Lady Patience Jonathan should be in prison Sowore was reacting to the captivity of

Tinubu Approves The Appointment of Ayo Sotinrin As Bank Of Agriculture's Managing Director

President Bola Tinubu has appointed a former Chief Executive Officer at SAO Group Ayo Sotinrin as the new Managing Director of the Bank of Agriculture The Round Table declares that the Special Adviser to the President on Information and Strategy Bayo Onanuga made this known in a statement on Friday April 4 2025 Tinubu said that hellip

Load More

World News

China Retaliates With 34% Tariffs On US Imports

China has broadcasted its intention to implement supplemental tariffs of 34 percent on imports from the United States responding to tautology duties introduced by President Donald Trump this week as portion of his assertive trade policy The Ministry of Commerce publicized on Friday today that this tariff will utilise to all goods imported from the hellip

Zambian President Condemns Ministers For Sleeping During Cabinet Meetings

Zambian President Hakainde Hichilema has strongly reprimanded his ministers for dozing off during cabinet meetings summoning it a sign of poor discipline and lack of selfcontrol During the swearingin of newly appointed Local Government Minister Gift Sialubalo on Monday Hichilema voiced his displeasure over the recurring issue highlighting the importance of attentiveness in governance In hellip

White House Insists 'Case Closer's On Signalgate That Unveiled Secretly Planned Yemen's Houthis Attack

Trump administration attempts to turn page as it grapples with Houthi resistance and elusive UkraineRussia deal

Palace Coup As Israeli Netanyahu Pushes Further To Change the Constitution

After claiming in 2023 that the changes were paused prime minister resurrects his plans to declaw the judiciary

List of people Trump's Govt May Deport Over Pro-Palestine Sympathy

The Donald Trump administration is planning to deport noncitizens who hold proPalestinian views It is further seeking to deport those who are perceived to

144 People Die, 730 Injured In Myanmar Earthquake

No fewer than 144 individuals have reportedly defunct their lives and over 730 have sustained injuries due to a powerful earthquake determining 77 on the Richter scale that struck Myanmar on Friday March 28 2025 As revealed by the military government leader the significant aftershock registering 64 in strength was felt with tremors experienced in both hellip

Pope Francis To Be Discharged from Hospital But with Stringent Warnings

The Vatican reports Pope Francis will be discharged from hospital on Sunday The head of his medical team revealed this on Saturday interposing that he would want a

Oldest Heavyweight Boxing Champion, George Foreman, Is Dead

George Foreman the legendary twotime world heavyweight boxing champion and successful entrepreneur has passed away at the age of 76

Trump Signs Executive Order to ‘eliminate’ Department of Education , Here's Why and and What Next?

The process of gutting the department will want approval from Congress which might be hard to secure

Thousands Join Protest in Turkiye's Istanbul Over Mayor's arrest

Thousands gather near Istanbuls town hall in encouragement of the citys recently arrested mayor

Load More

Sport News

Chelsea Tenders £59 million Bid for Real Madrid Forward

Chelsea8217s search for a new striker has already gotten underway with the Blues having been linked with a mix of young and experienced frontmen The board8217s idea is possibly to sign somebody with several years ahead of him so they can tie the player down to a longterm contract while likewise ensuring that the new hellip

Bruno Fernandes Named Premier League Best Player, Nuno Wins Manager Of The Month For March

Manchester United8217s midfielder Bruno Fernandes has been honored as the Premier League8217s Player of the Month for March while Nottingham Forest8217s manager Nuno Espirito Santo has received the managerial accolade for the same month Despite the month being fell away due to the international break it proved to be a successful one for Manchester United who hellip

Tottenham Condemns VAR After Chelsea's Victory

Tottenham Hotspur manager Ange Postecoglou expressed his frustration with the video assistant referee VAR after Pape Matar Sarr8217s score was controversially disallowed during their Premier League lie on a level with against Chelsea at Stamford Bridge on Thursday night The match terminated in a narrow 10 victory for Chelsea though the outcome was marred by the cancellation of two hellip

Premier League Modifies VAR Rules After Making 13 Errors in 23-Week Matches

The English Premier League has said that a significant moods and tenses to the Video Assistant Referee VAR system will be implemented for the final seven matches of the 20242025 season The Round Table announces that the video assistant referee has endured the contentious topic amid both fans and clubs However a new development is on the horizon hellip

'Let Me Help Messi' - Bodyguard Yassine Cheuko Begs MLS After Ban from Field

Lionel Messi8216s bodyguard at Inter Miami Yassine Cheuko has shared that he can no longer provide the equal of protection he once did for the football legend Yassine Cheuko made this announcement after Major League Soccer MLS implemented a ban on his presence during games Cheuko a former Navy SEAL with years of experience in hellip

Norwegian Football Club Rewards Goalkeeper With Eggs As After Emerging 'Man Of The Match'

Norwegian club Bryne FK where Manchester City forward Erling Haaland commenced his career have come up with a novel approach by awarding eggs to their

English Premier League To Observe Two Transfer Windows This Summer

The Premier League has made a proactive decision to implement two transfer windows this summer allowing both Manchester City and Chelsea to exaggerate their squads ahead of the upcoming FIFA Club World Cup The beginning Premier League transfer window will open from Sunday June 1 until Tuesday June 10 and will then have a fiveday hellip

Man Utd Deploys Huge Sum To Sign Matheus Cunha

Manchester United are reportedly ready to spend large to sign Wolverhampton Wanderers forward Matheus Cunha as per Spanish outlet Fichajes After appointing Erik ten Hag as the manager back in 2022 the Red Devils enjoyed a promising foremost season under him However things didn8217t go according to plan after that before his dismissal earlier this hellip

Eight Games Stopping Super Eagle's Advancement To World Cup 2026

The Super Eagles are in the precarious situation They occupy fourth place in Group C of the 2026 FIFA World Cup qualifiers

Chelle Unveils Starting XI as Super Eagles Face Zimbabwe

Super Eagles head coach Eric Chelle is poised to maintain his confidence in the starting lineup that clinched a 20 victory against Rwanda in Kigali as they prepare for their upcoming 2026 FIFA World Cup qualifier against Zimbabwe Chelle intends to field the same Super Eagles team for the turmoil with the Warriors in Uyo hellip

Load More

Entertainment News

Sola Allyson Spit Up After Criticism for Not Mentioning Jesus in Her Songs

Popular gospel singer Sola Allyson has reacted after being summoned out on social media for not mentioning quotJesusquot in all her music Allyson was summoned

For my Imperfections, Blame Me, Not Islam, Naira Marley To Fans

Controversial singer Abdulazeez Fashola popularly known as Naira Marley has implored fans to hold him accountable for his actions and to stop attributing

You Are Audacious, Portable Blasts Saheed Osupa Over Music Copyright Issue On Spotify

Controversial Nigerian singer Habeeb Okikiola better known as Portable has lampooned veteran Fuji musician Saheed Osupa for taking down his song from streaming platforms over copyright infringement The Round Table declares that Portable had utilized a line from Osupas song resulting in its retrenchment from Spotify and Apple Music after complaints by the Fuji singer and hellip

Reactions As Former BBNaija Housemate Opens Online Church

Cross Okonkwo has launched a digital ministry He publicly embraced his Christian faith in 2024 Cross utilises social media to share messages about Christ

Asake Reacts as Stroked Bio-Father Publicly Begs for Money

Nigerian Afrobeats star Asake has broken his silence following a viral video of Fatai Odunsi a man claiming to be his biological father pleading for

I Need Help: James Brown Breaks Silence Amidst Financial Predicament

James Brown responded to rumors about his financial struggles and homelessness The claims originated from blogger Tosin Silverdam who proposed Brown

Ahead of Release Date, Lyrics of Davido's 'Be There Still' Upcoming Album

Awardwinning Nigerian singer David Adeleke better known as Davido has released Be There Still the third single from his upcoming album The Round Table discloses that the Afrobeats star recently delayed the release date of his album 5ive to April 18 In Be There Still Davido reflects on his journey in the music industry prioritizing his hellip

Court Declares VeryDarkMan 'Wanted' By Police Over Defamation

An Abuja Chief Magistrate Court sitting at Wuse Zone 6 on Thursday issued a bench warrant for the arrest of controversial social media activist Martins Otse popularly known as VeryDarkMan VDM The Round Table gathered that the arrest order was issued following a criminal calumny case brought against VDM by renowned gospel singer Mercy Chinwo In hellip

Portable Reveals Reason Behind His Instagram Name 'Elizabeth Joyce'

Controversial Nigerian songer Habeeb Okikiola popularly known as Portable has elaborated why his Instagram name is Elizabeth Joyce Speaking via a viral video where he was spotted chatting with content creator Egungun of Lagos during a car ride portable elaborated that the unusual name on his profile was because he initially planned on using the hellip

Mr Eazi loses mother Ifeoma Ajibade

Nigerian singer Oluwatosin Ajibade popularly known as Mr Eazi has defunct his mother Ifeoma Edith Ajibade

Load More

Tech News

Substack is rolling out a TikTok-like video feed in its app

Substack abides to double down on video amidst TikTok039s uncertain future in the US The company publicised on Monday that it039s rolling out a scrollable

ChatGPT's new image generator is really good at faking receipts

ChatGPT039s new image generator is redoubling concerns for being really good at creating fudge receipts

OpenAI's new image generator is now available to all users

OpenAI039s new image generator powered by its GPT4o model is now available to all users CEO Sam Altman reported in a post on X The feature was until now

X, WhatsApp, Instagram, Facebook, TikTok, Others To Be Mandated To Have Physical Offices In Nigeria

The Nigerian Senate has moved forward with a bill aimed at changing the Nigeria Data Protection Act 2023 to mandate that social media platforms set up physical offices within the country The proposed legislation titled 8220A Bill for an Act to Amend the Nigeria Data Protection Act 2023 to Mandate the Establishment of Physical Offices hellip

Google Revisits Deal to Buy Wiz at Higher Rate

Google039s parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz a person familiar with the deal told The Round Table

Joby Aviation Partners Virgin Atlantic To Launch Electric Air Taxis in the UK

Joby Aviation is partnering with Virgin Atlantic to launch electric air taxis in the UK marking the seventh country in which the startup hopes to one

Google is replacing Google Assistant with Gemini

Google will replace Google Assistant on Android phones with Gemini later this year the company publicised on Friday

BMW (BMW) full year results 2024

BMWx27s net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the highend car manufacturer

Meta to Test-Run 'Community Notes' Using Elon Musk's X Algorithm Amidst Fact-Checking Rift

Tech giant declares it expects new feature to be less biased than previous thirdparty factchecking program

Google DeepMind unveils new AI models for controlling robots

Google DeepMind039s Gemini Robotics models are designed to enable realworld machines to interact with objects navigate environments and more

Load More
Free CBT Exams
Take Exam