On Monday, the Naira Strengthened, closing at N1,136.04 against the US dollar at the official market.
Data from the FMDQ Exchange’s official trading platform showed that the Naira appreciated by N6.34.
When compared to Friday, April 12, the previous trading date, when the exchange rate was N1,142.38 to the dollar, this is a 0.55 percent gain.
Nonetheless, from 281.34 million dollars on Friday to 251.60 million dollars on Monday, that was the whole daily turnover.
The Naira was trading between N1,227 and N1,000 vs the dollar at the Investors and Exporters, or I&E, market in the meantime.