• About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms Of Use
Thursday, June 26, 2025
No Result
View All Result
Converseer
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports
No Result
View All Result
Converseer
No Result
View All Result
Home News

Naira Falls After Days of Strength, Loses N16 at Official Rate

by Editorial Team
4 February 2025
in News
Naira Falls After Days of Strength, Loses N16 at Official Rate

After four consecutive days of appreciating against the dollar at the official window, the Nigerian currency, the naira slumped against the dollar at the official foreign exchange market on Monday, February 3, 2025.

FMDQ data showed that the naira slumped to N1,495.60/$1 on Monday, down from N1,478.78/$1 on Friday, January 31, 2025.

This represents a loss of N16.82 for the local currency.

However, at the parallel market, the naira gained N10 against the dollar to trade at N1,610/$1 as against the previous rate of N1,620/$1.

The naira equally gained N10 against the British Pound to trade at N2,000/£1 as against the previous day’s rate of N2,010£1.

The naira continues to hold steady against the Canadian Dollar at N1,280/CA$1.

The naira closed flat against the Euro to trade at ₦1,670/€1 same as the previous day’s rate of ₦1,687/€1.

By: Babajide Okeowo

Tags: General News
ShareSendTweetShare

Related News

Red Cross rallies stakeholders on flood preparedness in Cross River

Red Cross rallies stakeholders on flood preparedness in Cross River

25 June 2025
Israel strikes Iran over ceasefire violation as tensions escalate

Israel strikes Iran over ceasefire violation as tensions escalate

24 June 2025
Benue IDP camp records 15 births, 122 pregnancies

Benue IDP camp records 15 births, 122 pregnancies

25 June 2025
Iran fires missiles at US Airbase in Qatar

Iran fires missiles at US Airbase in Qatar

23 June 2025

Latest News

LIVE: Juventus vs Manchester City | FIFA Club World Cup

Timetable for Basic Education Certificate and Primary 6 Placement exams in Cross River

Full List: Senate confirms Tinubu’s 33 appointments for Rivers

Jarigbe vs Onor: Group affirms unity among PDP bigwigs

Court adjourns Yahaya Bello’s alleged N110bn fraud trial

Ikom Council Boss introduces minibus shuttles to decongest traffic in metropolis

About Us

Converseer is an online newspaper that delivers impartial, comprehensive news coverage on politics, business, and education, among other topics. Our goal is to bridge the information gap and promote progress across various sectors of society.

Social Media

  • Facebook
  • WhatsApp
  • X (Twitter)
  • YouTube

Coverage

  • Africa
  • Americas
  • Asia
  • Europe
  • Middle East

Topics

  • Special Reports
  • Fact Check
  • Feature
  • Opinion
  • History
  • About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms Of Use

© 2025 Converseer - All Rights Reserved. Paradise Media Venture.

No Result
View All Result
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports

© 2025 Converseer - All Rights Reserved. Paradise Media Venture.