“N969.83/£1”: Naira Reverses Gains, Falls to Dollar, Pound, Euro as Nnpc’s $3Bn Loan Buzz Fades

“N969.83/£1”: Naira Reverses Gains, Falls to Dollar, Pound, Euro as Nnpc’s $3Bn Loan Buzz Fades

If you are tracking “N969.83/£1”: Naira Reverses Gains, Falls to Dollar, Pound, Euro as Nnpc’s $3Bn Loan Buzz Fades, here is a clear overview you shouldn't miss.

Checks by Legit.ng show that at the Investors and Exporters (I&E), the official foreign exchange, the naira closed at N761.32/$1 on Monday.

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This represents a N21.80 or 2.98 percent drop in value compared to last Friday’s closing price of N739.52/$1.

A total of $64.98 million in forex transactions where exchanged among participants, according to data from FMDQ Securities Exchange.

Elena Rostova
Author

Elena Rostova

Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.