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On Tuesday, the Naira appreciated in the official market, closing at N1,630.45 to the dollar, reflecting a 2.40% gain from Monday’s rate of N1,670.65. Data from the FMDQ official trading platform highlighted this improvement in Nigeria’s currency performance.
Additionally, the daily turnover rose significantly, reaching $242.59 million on Tuesday, compared to the $81.17 million recorded on Monday, signaling increased trading activity. At the Investors and Exporters (I&E) window, the Naira traded within a range of N1,690 and N1,601 against the dollar.
