Naira gains 0.40% as official FX turnover falls 55%

By Boluwatife Oshadiya | October 29, 2026 Key Points Main Story The naira strengthened by 0.40% against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Wednesday, closing at ₦1,347.53/$ as official-market foreign exchange turnover fell approximately 55% to $244.61 million. The closing rate improved from ₦1,352.87/$ on Tuesday, according to the figures … Continue reading Naira gains 0.40% as official FX turnover falls 55%