The Naira on Friday recorded a loss at the official market, trading at ₦1,483.99 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira lost ₦2.50.
This represents a 0.16 per cent loss when compared to the previous trading date on Thursday, trading at ₦1,481.49 to the dollar.
However, the volume of currency traded increased to $269.27 million on Friday up from $213.31 million recorded on Thursday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between ₦1,507.00 and ₦1,399.00 against the dollar.