The naira closed the month of April on a good footing as it gained N28.15 at the official market, trading at N1,390.96 to the dollar.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the gain represented a 1.98 per cent appreciation for the naira.

The percentage increase is significant when compared to the previous trading date on Monday, April 29.

The local currency experienced a two-week steady fall by exchanging at N1,419 to a dollar.

The success story was replicated in the volume of currency traded as the total daily turnover increased.

The daily turnover stood at 225.36 million dollars on Tuesday, up from 147.83 million dollars recorded on Monday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the naira traded between N1,450 and N1,200 against the dollar. (NAN)

https://www.premiumtimesng.com/news/more-news/690450-naira-rebounds-gains-n28-15-against-dollar.html#:~:text=The%20local%20currency%20experienced%20about,N1%2C419%20to%20a%20dollar.&text=The%20Naira%20on%20Tuesday%20closed,N1%2C390.96%20to%20the%20dollar.

Hehehe

Nonsense

Argh !

How did that happen when foolish obidient ipob already declared Tinubu as finished the reserve he use in defending the Naira. Did Tinubu borrow dollar from the Agulu bastard to defend it now.

This naira falling and gaining over night is business, I tell you, this are deliberate act. Very small number of people in CBN are cashing out heavyling

Good one. NGN should go below N1k

Toh

Believe me, the dollar will appreciate against the local note because this government is clueless and incompetent, using propaganda to promote it's government....


The Reno white bearded goat will ignore this and begin to attack Anambra state and Peter Obi....

Good and bad news

You people should rest with this constant monitoring now haha


Naira gain one naira today... Front page.
Naira lost 50 kobo tomorrow... Front page.


You guys are behaving like a bunch of kids with a new toy (floating).

To be sincere

Nothing kills our economy with these wide margins everyday

This is not good. I say again it is not good

Time will tell

Nothing good can ever happen to Nigeria .

It is not yet uhuru

Naira is still a weak currency. We are not yet doing what the countries with stronk currencies do.

So we should pop champaign over the most volatile currency appreciating about 0.03 US cents. Pathetic

Wetin Be 28naira Gain Na?

That's Good

Naira starts normal and Naira loses 120, gains 30. Gains 15 and loses 65...


Isnt this one step forward, two steps backwards?

helinues:
Toh

ur crunch word. Thor of Greece

Who naira help

This administration is too obsessed with exchange rate.

Naira gains...
Naira loses...
Naira stages a comeback...
Naira bounces back by N1000...


What is it?!

Next 3 month it will relax around 750

Kuginzi:


https://www.premiumtimesng.com/news/more-news/690450-naira-rebounds-gains-n28-15-against-dollar.html#:~:text=The%20local%20currency%20experienced%20about,N1%2C419%20to%20a%20dollar.&text=The%20Naira%20on%20Tuesday%20closed,N1%2C390.96%20to%20the%20dollar.

It will favour me and my family.

Okay.. as e dey go up and down I just dey laugh.. smiling always



To make cool $$ from the comfort of your home. Check my siggy for link to my telegram

I can only be interested when it returns to at least #400 per dollar

Make una getat!

This is stale

Enough of this rubbish daily

people are practically dropping dead on the streets out there

poverty and hardship plus trekking?..

Damn

Una don start una lie lie matter again?
Ehhhhh
APC?

Who else is tired of this nonsense and senseless Naira gain, bind and renounce news

If Government can't bring Dollar to Naira @ #280 or #300....

Let them and the carriers of this news forget about it, when they make good achievements, then it becomes news....

SuperEagles:
Argh !

How did that happen when foolish obidient ipob already declared Tinubu as finished the reserve he use in defending the Naira. Did Tinubu borrow dollar from the Agulu bastard to defend it now.

You sound like a lunatic..Stop displaying stupidity online

Good news

Are Nigerians still allowed to buy foreign currency and store same money in a domiciliary account despite not receiving international remittances?

Are Nigerians still trading forex as though they are trading commodities by the street corners?

Would Nigeria still allow its citizens to buy up scarce forex with Naira earned in the local economy, to pursue education in the US, Canada, UK, Cyprus, Russia, India, and other foreign nations to the tune of billions of dollars every year while the local tertiary education is in tatters?

Until the answer is No, then the Tinubu regime is still keeping the monster alive in a cage.

It will always break out from time to time.

Why not just kill the monster?