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

    Naira appreciates by 0.6% against dollar at official market

    Published on

    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: editor@thereporterng.com

    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

    Lagos gold refinery didn’t violate Federal Character, FG tells Northern elders

    The Federal Government through the Ministry of Solid Minerals Development has denied claims by...

    Anti-Tinubu Post: FG amends charge against Sowore, delists Facebook, X

    The Federal Government has amended the cybercrime charges it filed against an activist and...

    MUSWEN President commends Olowu of Owu, Oba Matemilola for attending GPC meeting

    Photo L-R: Alhaji Rasaki Oladejo, President of MUSWEN; Prof Wola Abbas, Abdullateef Wole Abbas,...

    Trump blast Iran’s Supreme leader, says he should be replaced

    President Trump on Saturday said it’s “time to look for new leadership” in Iran,...

    More like this

    Lagos gold refinery didn’t violate Federal Character, FG tells Northern elders

    The Federal Government through the Ministry of Solid Minerals Development has denied claims by...

    Anti-Tinubu Post: FG amends charge against Sowore, delists Facebook, X

    The Federal Government has amended the cybercrime charges it filed against an activist and...

    MUSWEN President commends Olowu of Owu, Oba Matemilola for attending GPC meeting

    Photo L-R: Alhaji Rasaki Oladejo, President of MUSWEN; Prof Wola Abbas, Abdullateef Wole Abbas,...