Naira appreciates at official market, gains 2.4%

new naira notes

The naira gained at the official market, trading at N1,278.58 to a dollar on Tuesday.

Data from the official trading platform of the FMDQ revealed that the Naira gained N30.81 or 2.35 per cent, compared to the previous trading date on Thursday, March, 28, 2024, just before the Easter holiday, at the rate of N1,309.39 against the dollar.

However, the total turnover was reduced to $111.18 million on Tuesday, down from $857.78 million recorded on Thursday, March 28, 2024.

Meanwhile, at the Investor’s and Exporters’ (I&E) window, the naira traded between N1,312.00 and N1,250.00 against the dollar.

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