Naira depreciates by 0.17% against dollar at official market

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the naira traded between 1,500

The naira on Thursday slightly depreciated at the official market trading at N1476.24 to the dollar.

Data from the official trading platform of the FMDQ Exchange revealed that the naira lost ₦2.58.

This represents a 0.17 per cent loss when compared to the previous trading date on Tuesday when it traded at ₦1,473.66 to the dollar.

Also, the volume of currency traded reduced to $92.68 million on Thursday down from $385.91 million recorded on Tuesday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the naira traded between 1,500

and ₦1,400 against the dollar.