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Naira loses 0.64% against dollar at official market

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The naira on Wednesday further depreciated at the official market, trading at N1,308.52 to the dollar .....

The naira on Wednesday further depreciated at the official market, trading at N1,308.52 to the dollar.

However, the total daily turnover further increased to 197.54 million dollars on Wednesday, up from 133.65 million dollars recorded on Tuesday. Supporting the CBN’s efforts, the Economic and Financial Crimes Commission froze over 300 accounts linked to illicit forex trading to ensure the safety of the foreign exchange market.

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