Home Business Naira gains, exchanges at N1,255 against dollar

Naira gains, exchanges at N1,255 against dollar

April 5, 2024

The naira gained at the official market as it traded at N1,255.07 to a dollar on Thursday, April 4, 2024.

Data from the official trading platform of the FMDQ revealed that the naira gained N7.78.

This represents a 0.62 per cent appreciation when compared to the previous day’s trading on Wednesday, exchanging at N1,262.85 to a dollar.

However, the total turnover increased to $138.99 million on Thursday, up from $166.18 million recorded on Wednesday.

Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,294 and N1,200 against the dollar.