May 18, 2024

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Naira Gains 7.2% Against Dollar At Official Market

On Friday 12th of April, Naira gained a huge appreciation against dollar at the official market trading at N1,142.38.

The recovery was discovered from data on the official trading platform of the FMDQ Exchange.

FMDQ Exchange which oversees the Nigerian Autonomous Foreign Exchange Market, revealed that the Naira gained N88.23. This shows a 7.16 percent gain when compared to the previous trading date on Monday, exchanging at N1,230.61 to a dollar before the Sallah holiday.