Naira Rises By 0.5 % Against Dollar At Official Market

The Naira on Friday appreciated at the official market, trading at N1,666.72 to the dollar.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira gained N8.77.

This represents a 0.52 per cent gain when compared to the previous trading on Thursday, when it exchanged at N1,675.49 to a dollar.

The total daily turnover, however, reduced to 94.20 million dollars, down from 166.61 million dollars recorded on Thursday.

At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,685.00 and N1,600.00 against the dollar.

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