The Naira on Wednesday further depreciated at the official market, trading at N1,308.52 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 Naira lost N8.37.
This represents a 0.64 per cent loss when compared to the previous trading date on Tuesday, April 23, when it exchanged at N1,300.15 to a dollar.
However, the total daily turnover further increased to 197.54 million dollars on Wednesday, up from 133.65 million dollars recorded on Tuesday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,367 and N1,098 against the dollar.