Naira gains N61.38 against dollar at official rate, weakens in parallel market.

On Wednesday, the Naira strengthened in the official market, trading at N1,459.02 per dollar.

According to data from the FMDQ Exchange’s official trading platform, the Naira appreciated by N61.38.

This marks a 4.04% increase from Tuesday when the Naira was traded at N1,520.40 per dollar.

Additionally, the total daily turnover rose to 289.14 million dollars on Wednesday, up from 128.76 million dollars on Tuesday.

At the Investor’s and Exporter’s (I&E) window, the Naira’s value ranged between N1,593 and N1,401 per dollar.

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