Naira Regain Strength Against Dollar At Official Market

The Naira on Friday appreciated at the official market, trading at ₦1,540.78 to the dollar.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the naira gained ₦35.32.

This represents a 2.24 per cent gain when compared to the previous trading date on Thursday, September 26, when it exchanged at ₦1,576.10 to a dollar.

However, the total daily turnover reduced to 212.31 million dollars on Friday, down from 334.05 million dollars recorded on Thursday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the naira traded between ₦1,691 and ₦1,530 against the dollar..Full Details