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

    Fubara is APC leader in Rivers — Bwala

    The Presidency, yesterday laid to rest the controversy over the leadership hierarchy of the...

    Kano governor finally dumps NNPP, set to join APC *Kwankwaso reacts, tells loyalists – stay firm, don’t sell out

    Kano State Governor, Alhaji Abba Kabir Yusuf, has formally dumped the New Nigeria People’s...

    Gov. Yusuf resigns NNPP membership as Kano political realignment deepens

    Governor Abba Yusuf of Kano State has formally resigned his membership of the New...

    Fusengbuwa ruling house protests alleged plot to impose next Awujale

    Members of the Fusengbuwa ruling house of Ijebu Ode on Friday staged a peaceful...

    More like this

    Fubara is APC leader in Rivers — Bwala

    The Presidency, yesterday laid to rest the controversy over the leadership hierarchy of the...

    Kano governor finally dumps NNPP, set to join APC *Kwankwaso reacts, tells loyalists – stay firm, don’t sell out

    Kano State Governor, Alhaji Abba Kabir Yusuf, has formally dumped the New Nigeria People’s...

    Gov. Yusuf resigns NNPP membership as Kano political realignment deepens

    Governor Abba Yusuf of Kano State has formally resigned his membership of the New...