Business

Naira gains at official market, exchanges N1,459/$

The naira, on Wednesday, May 15, 2024, appreciated at the official market, trading at N1,459.02 to the dollar.

Data from the official trading platform of the FMDQ Exchange revealed that the naira gained N61.38.

This represents a 4.04 per cent gain when compared to the previous trading date on Tuesday, when the local currency exchanged at N1,520.40 to a dollar.

Investors lose N132bn at stock market

Also, the total daily turnover increased to $289.14 million on Wednesday up from 128.76 million dollars recorded on Tuesday.

Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,593 and N1,401 against the dollar.

The Star

Segun Ojo

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