Naira strengthens against dollar by 0.32%

In the meanwhile, the Naira traded between ?1,281 and ?1,220 versus the dollar in the Investors and Exporters (I&E) market.At the official market on Friday, the Naira appreciated and was trading at ?1,251.05 to the US dollar.The Naira increased by ?4.02, according to data from the FMDQ Exchange's official trading website, which is in charge of the Nigerian Autonomous Foreign Exchange Market (NAFEM). This represents a 0.32 per cent gain when compared to the previous day’s trading on Thursday, exchanging at ?1,255.07 to a dollar. However, the total daily turnover increased to $248.27 million on Friday up from $138.99 million recorded on Thursday.