Naira gains 0.2% against dollar, trades at N1,400.40/$1

The Naira closed the week on a positive note, trading at N1,400.40 against the dollar, according to data from the FMDQ Exchange.

The Naira gained N2.27, representing a 0.16 per cent increase compared to Thursday’s exchange rate of N1,402.67.

However, the total daily turnover reduced to $201.88 million on Friday, down from $232.84 million recorded on Thursday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,435.00 and N1,300.40 against the dollar.

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