Naira Gains 2.4% Against Dollar in Official Market

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The Naira strengthened on Tuesday at the official exchange market, appreciating to N1,630.45 per dollar.

According to data from the FMDQ trading platform, this marks a 2.40% rise compared to Monday’s exchange rate of N1,670.65 per dollar.

In addition, daily trading turnover surged, reaching $242.59 million on Tuesday, a significant jump from the $81.17 million recorded on Monday.

At the Investors and Exporters (I&E) window, the Naira fluctuated between N1,690 and N1,601 against the dollar throughout the day.

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