FMDQ Data – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 26 Jun 2024 22:30:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png FMDQ Data – InfoStride News https://www.theinfostride.com 32 32 Exchange rate drops to N1,500.79/$1, lowest level since May https://www.theinfostride.com/exchange-rate-drops-to-n1500-79-1-lowest-level-since-may/ https://www.theinfostride.com/exchange-rate-drops-to-n1500-79-1-lowest-level-since-may/#respond Wed, 26 Jun 2024 22:30:09 +0000 https://www.theinfostride.com/?p=381551 The naira has weakened further against the US Dollar, falling to N1,500.79/$1 on the official market on June 25, 2024.   This marks the lowest exchange rate since May 16, 2024, when it was recorded at N1,533.99/$1.   According to the FMDQ data for the NAFEM window, the naira’s depreciation on June 25 represents a 0.71% decline [...]

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