Business

Naira trades N1,666 at official market

The naira appreciated at the official market on Friday, November 1, 2024, trading at N1,666.72 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 naira gained N8.77.

This represents a 0.52 per cent gain when compared to the previous trading on Thursday, when it exchanged at N1,675.49 to a dollar.

Court orders forfeiture of $2m, 8 properties linked to Emefiele

The total daily turnover, however, reduced to $94.20 million, down from $166.61 million recorded on Thursday.

At the Investors and Exporters (I&E) window, the naira traded between N1,685.00 and N1,600.00 against the dollar.

The Star

Segun Ojo

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