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Posted by Lawal Munirst on September 29, 2024 0
On Friday, the Naira strengthened in 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, Sept. 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.
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