The Naira on Monday appreciated at the official market, trading at N1,136.04 to the dollar.
Data from the official trading platform of the FMDQ Exchange revealed that the currency gained N6.34.
This represents a 0.55 percent gain when compared to the previous trading date on Friday, April 12, exchanging at N1,142.38 to a dollar.
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However, the total daily turnover reduced to 251.60 million dollars on Monday down from 281.34 million dollars recorded on Friday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,227 and N1,000 against the dollar.
FMDQ Securities Exchange Limited, registered by Securities and Exchange Commission (SEC), as an over-the-counter Market (2012) and subsequently as a Securities Exchange (2019), is focused on organising the markets within its purview and creating an efficient platform for the registration, listing, quotation, trading and reporting of securities and financial products.
FMDQ Exchange provides a range of business services in fulfilment of its market development, organiser and governance mandates, whilst adding value to its diverse stakeholder groups.
These services include Registrations, Listings & Quotations, Data & Information, Market Connectivity, Market Governance & Regulation, amongst many others. With an average annual market turnover of over $529.30 billion over the last ten (10) years, FMDQ Exchange is the largest Exchange in Nigeria.
The Exchange has championed the introduction of several innovative market development initiatives, driven by its strategic mandate, to transform the Nigerian financial markets.
NAN
