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

    Tinubu to Super Eagles: Build on this victory, remain focused

    President Bola Tinubu has congratulated the Super Eagles on their emphatic 4-1 victory over...

    Lagos splashes N150m to 2025 agrithon finalists

    The Lagos State Government has splashed the sum of N150 million to the 2025 Agrithon...

    Nigeria’s livestock sector generates $32bn — FG  *Targets $94bn by 2035

    Abuja  — The Federal Government has revealed that Nigeria’s livestock industry currently contributes more...

    PhotoNews: Snapshot of diverse news moments

    The 21st All Nigeria Editors Conference in Abuja Thursday70th birthday thanksgiving of HRM Asagba...

    More like this

    Tinubu to Super Eagles: Build on this victory, remain focused

    President Bola Tinubu has congratulated the Super Eagles on their emphatic 4-1 victory over...

    Lagos splashes N150m to 2025 agrithon finalists

    The Lagos State Government has splashed the sum of N150 million to the 2025 Agrithon...

    Nigeria’s livestock sector generates $32bn — FG  *Targets $94bn by 2035

    Abuja  — The Federal Government has revealed that Nigeria’s livestock industry currently contributes more...