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October 17, 2026

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Foreign

Naira appreciates by 0.67% against dollar at official market

Naira appreciates against dollar

Naira sustains gains, trades at N1,337
Exchange rate (Naira to Dollar)

The Naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day trading loss.

Data from the official trading platform of the FMDQ Exchange, revealed that the Naira gained N11.44.

This represents a 0.67 per cent gain when compared to the previous trading date on Monday when it exchanged at N1,690.37 to a dollar.

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However, the total daily turnover reduced to 128.59 million dollars on Tuesday down from 173.14 million dollars recorded on Monday.

At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,698 and N1,631 against the dollar.

Source: NAN