The Naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market, NAFEM, showed that the Naira lost N4.49.

This represents a 0.31 per cent loss when compared to the previous trading date on Tuesday when it exchanged at N1,416.57 to a dollar.

However, the total daily turnover increased to N164.74 on Wednesday, up from 160.77 million dollars recorded on Tuesday.

Meanwhile, at the Investor’s and Exporter’s, I&E, window, the Naira traded between N1,440 and N1,335 against the dollar.

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