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

    Nana Akufo-Addo, Atedo, others Pay Tributes to Mathias Anohu in Abuja

    Former President of Ghana, Nana Akufo-Addo, and other well-meaning Nigerians and members of the...

    231 Nigerians trafficked to Ghana for cyber crime rescued, 27 suspected traffickers arrested 

    No Fewer than two hundred and thirty one Nigerians who were trafficked to Ghana...

    CBN approves cash-based BTA For 2025 Hajj to ease travel demands

    It Became obvious that the 2025 Hajj would be seamless, as the Central Bank...

    NAHCON’s Big Win: Tent A camp allocation for 2025 Hajj a game-changer

    The National Hajj Commission of Nigeria (NAHCON) has taken a significant step towards ensuring...

    More like this

    Nana Akufo-Addo, Atedo, others Pay Tributes to Mathias Anohu in Abuja

    Former President of Ghana, Nana Akufo-Addo, and other well-meaning Nigerians and members of the...

    231 Nigerians trafficked to Ghana for cyber crime rescued, 27 suspected traffickers arrested 

    No Fewer than two hundred and thirty one Nigerians who were trafficked to Ghana...

    CBN approves cash-based BTA For 2025 Hajj to ease travel demands

    It Became obvious that the 2025 Hajj would be seamless, as the Central Bank...