Naira

Again, Naira Makes More Gain Against Dollar

On Monday, the Naira strengthened at the official market, exchanging at a rate of N1,136.04 to the dollar.

Data from the official trading platform of the FMDQ Exchange revealed that the Naira gained N6.34.

This represents a 0.55 per cent gain when compared to the previous trading date on Friday, April 12, exchanging at N1,142.38 to a dollar.However, the total daily turnover reduced to 251.60 million dollars on Monday down from 281.34 million dollars recorded on Friday.

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Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,227 and N1,000 against the dollar.