Naira appreciates by 0.67% against dollar at official market
The naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day trading loss.
Data from the official trading platform of the FMDQ Exchange revealed that the naira gained N11.44.
This represents a 0.67 per cent gain compared to the previous trading date on Monday when it exchanged at N1,690.37 to a dollar.
However, the total daily turnover reduced to $128.59 million on Tuesday, down from $173.14 million recorded on Monday.
At the Investor’s and Exporter’s (I&E) window, the naira traded between N1,698 and N1,631 against the dollar.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
Niger: Police rescue two suspected phone thieves from mob
He identified the suspects as Hassan Abdullahi, 20, and Khalifa Bashir, 22.
Heading 5
Court of Appeal nullifies Electoral Act provisions on parties’ primary election, membership register
Zenith Party argued that the disputed Electoral Act provisions unlawfully interfered with the internal affairs of political parties.
Lagos
Governor Sanwo-Olu inaugurates climate investment fund
Mr Sanwo-Olu described the fund as a landmark intervention.
States
Judiciary partners revenue board to boost IGR in Taraba
Mr Agya commended the service for its reforms.
NationWide
NRC reaffirms police partnership to protect rail assets
Mr Opeifa described the nation’s railway infrastructure as critical national assets that must be safeguarded.
