Business

Naira Falls Against Dollar

On Wednesday, the Naira experienced a slight depreciation in the official market, trading at N1,631.17 per dollar.

Data from the FMDQ Exchange indicated a decline of 72 kobo, equating to a 0.04% loss compared to Tuesday’s rate of N1,630.45.

Additionally, the total daily turnover dropped to $128.98 million, down from $242.59 million the previous day.

In the Investor’s and Exporter’s (I&E) window, the Naira fluctuated between N1,684 and N1,575 against the dollar.

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