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The Naira on Tuesday closed the month of April on a good footing as it gained ₦28.15 at the official market, trading at ₦1,390.96 to the dollar.

Naira ends April on strong note, gains ₦28.15 against dollar | Pulse Nigeria

News Agency Of Nigeria

<h2>The Naira on Tuesday closed the month of&nbsp;April on a&nbsp;good&nbsp;footing as it gained ₦28.15 at the official market, trading at ₦1,390.96 to the dollar.</h2>

<p>Data from the official trading platform of the FMDQ Exchange,&nbsp;a platform that&nbsp;oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the gain represented a 1.98% appreciation for Naira.</p>

<p>The percentage increase is significant&nbsp;when&nbsp;compared to the previous&nbsp;trading date on&nbsp;Monday, April 29.&nbsp;The local currency experienced about two weeks of steady fall by exchanging at ₦1,419 to a dollar.</p>

<p>The success story was replicated in the volume of currency&nbsp;traded,&nbsp;as the total daily turnover increased. The daily turnover stood at 225.36 million dollars on&nbsp;Tuesday&nbsp;up from 147.83 million dollars recorded on Monday.</p>

<p>Meanwhile, at the Investor’s and Exporter’s (I&amp;E) window, the Naira traded between ₦1,450 and ₦1,200 against the dollar.</p>

Naira ends April on strong note, gains ₦28.15 against dollar

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