Naira gains 2.24% against dollar at official market

The Naira on Friday appreciated at the official market, trading at N1,540.78 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 N35.32.

This represents a 2.24 per cent gain when compared to the previous trading date on Thursday, September 26, when it exchanged at N1,576.10 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 N1,691 and N1,530 against the dollar.

NAN