Business

Naira appreciates by 2.4%, hits N1,630 to Dollar at official market

The Naira appreciated in the official market, trading at N1,630.45 to the dollar on Tuesday.

According to data from the FMDQ’s official trading platform, this marks a 2.40% increase compared to the previous trading day on Monday, when it was valued at N1,670.65 to the dollar.

Additionally, total daily turnover rose significantly to $242.59 million on Tuesday, up from $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.

Agbenu James

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