The naira, on Monday, April 29, 2024, further depreciated at the official market, trading at N1,419.11 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 the naira lost N79.88
This represents a 5.96 per cent loss when compared to the previous trading date on Friday, April 26, when it exchanged at N1,339.23 to a dollar.
Naira loses against dollar at official market, trades at N1,308.52/$
Also, the total daily turnover reduced to 147.83 million dollars on Monday, down from 309.01 million dollars recorded on Friday.
Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,451.00 and N1,060.00 against the dollar.
- 5,000 jostle for PTDF’s overseas scholarship - May 20, 2024
- Minimum wage: Labour insists on May 31 deadline, meets FG Tuesday - May 20, 2024
- Gunmen behead 2 in Ebonyi - May 20, 2024
