More
    HomeBusiness NewsNaira appreciates by 0.6% against dollar at official market

    Naira appreciates by 0.6% against dollar at official market

    Published on

    spot_img

    The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar.

    Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira gained N9.93.

    This represents a 0.61 per cent gain when compared to the previous trading date on Aug. 2 when it exchanged at N1,617.08 to a dollar.

    READ ALSO: Police arrest 31 for producing, distributing Russian flags in Kano, Kaduna

    However, the total daily turnover reduced to 77.09 million dollars on Monday, down from 131.55 million dollars recorded on Aug. 2.

    Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,620.50 and N1,570.00 against the dollar.

    Kindly share this story:

    Contact: [email protected]

    Stay informed!
    Follow us on: X.com: @TheReporter2024
    Follow us on: Facebook: TheReporterNigeria
    WhatsApp for breaking news, updates and exclusive content. Don't miss a headline – Click below to join now!
    WHATSAPP

    Latest articles

    Breaking: Tinubu sacks Kyari, NNPCL Board, appoints Engr Ojulari as new GCEO

    President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum...

    Nigerian pilgrims to enjoy better services as lawmakers approve Hajj reforms

    By Ishola Balogun In a bold move to address the plight of Nigerian pilgrims, the...

    Okpebholo visits Kano, vows justice for burnt travelers

    Edo State Governor, Monday Okpebholo, visited Kano State to pay his condolences to the...

    Eid-el-Fitr: DWC Int’l Resources hails partners, clients

    As The Muslim community celebrates Eid, DWC International Resources has extended warm greetings to...

    More like this

    Breaking: Tinubu sacks Kyari, NNPCL Board, appoints Engr Ojulari as new GCEO

    President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum...

    Nigerian pilgrims to enjoy better services as lawmakers approve Hajj reforms

    By Ishola Balogun In a bold move to address the plight of Nigerian pilgrims, the...

    Okpebholo visits Kano, vows justice for burnt travelers

    Edo State Governor, Monday Okpebholo, visited Kano State to pay his condolences to the...