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
    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: 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

    Wike at 58: One of the shining stars in my cabinet — Tinubu

    President Bola Tinubu has congratulated Chief Nyesom Wike, Minister of the Federal Capital Territory...

    Gov Kefas dumps PDP, picks APC membership card

    Taraba State Governor, Dr. Agbu Kefas, on Sunday, officially resigned his membership from the...

    No injuries as Flybird aircraft makes unusual landing in Kano

    Flybird Aircraft Management Services Limited has said passengers on aircraft 5N-ISB, which experienced an...

    BREAKING: Private jet makes emergency landing at Kano airport

    A Dramatic scene unfolded at the Malam Aminu Kano International Airport (MAKIA) on Sunday...

    More like this

    Wike at 58: One of the shining stars in my cabinet — Tinubu

    President Bola Tinubu has congratulated Chief Nyesom Wike, Minister of the Federal Capital Territory...

    Gov Kefas dumps PDP, picks APC membership card

    Taraba State Governor, Dr. Agbu Kefas, on Sunday, officially resigned his membership from the...

    No injuries as Flybird aircraft makes unusual landing in Kano

    Flybird Aircraft Management Services Limited has said passengers on aircraft 5N-ISB, which experienced an...