Tuesday, April 16, 2024

Naira’s value improves further at official market, gains 1.23%

Meanwhile, at the Investor’s and Exporters’ (I&E) window, the naira traded between N1,296 and N1,210 against the dollar.

• April 4, 2024
Naira and Dollar
Naira and Dollar

The naira gained further at the official market, trading at N1,262.85 to a dollar on Wednesday.

Data from the official trading platform of the FMDQ revealed that the naira gained N15.73.

This represents a 1.23 per cent appreciation compared to Tuesday’s trading when it exchanged at N1,278.58 to a dollar.

However, the total turnover increased to $166.18 million on Wednesday, up from $111.18 million recorded on Tuesday.

Meanwhile, at the Investor’s and Exporters’ (I&E) window, the naira traded between N1,296 and N1,210 against the dollar.

(NAN)

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