By Busari Kabirat
The official Nigerian currency, Naira, had on Monday appreciated at the official trading market at N1,339.33 to the dollar.
The FMDQ Exchange official trading platform data, a Nigerian Autonomous Foreign Exchange Market (NAFEM), platform that oversees exchange rate activities, made it known that the Naira gained N143.48 which represents a 9.67% profit when compared to the previous trading rate of Friday, May 24, 2024, when the exchange rate was N1,482.81.
Although, the daily turnover reduced to $180.80 million on Monday compared to $556.25 million recorded on Friday, while, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,501 and N1,310 against the dollar..
