On Tuesday, the naira depreciated at the official market, trading at N1,300.15 in the dollar.CONTINUE FULL READING>>>>
Data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the naira lost N65.66.
This represents a 5.3 per cent loss compared to the previous trading date on Monday, April 22, when it exchanged at N1,234.49 to a dollar.
However, the total daily turnover increased to $133.65 million on Tuesday, which is up from the $110.17 million recorded on Monday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the naira traded between N1,317.00 and N1,000.00 against the dollar.CONTINUE FULL READING>>>>
(NAN)
