The Naira, on Friday, declined in value at the official market, trading at N1,483.99 per dollar.
According to data from FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira depreciated by N2.50.
This indicates a 0.16 percent drop compared to Thursday’s rate of N1,481.49 per dollar.
Nevertheless, the trading volume increased significantly to $269.27 million on Friday, up from $213.31 million on Thursday.
Meanwhile, in the Investor’s and Exporter’s (I&E) window, the Naira fluctuated between N1,507.00 and N1,399.00 per dollar.
(NAN)
