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Reading: CBN devalues Naira, exchanges at N381 per dollar on FMDQ
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CBN devalues Naira, exchanges at N381 per dollar on FMDQ

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: July 8, 2020
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Naira and Dollar Notes
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The Central Bank of Nigeria (CBN) on Tuesday officially devalued naira to exchange to the dollar at N381/$ on the Importer & Exporter window.

The data obtained on the website of FMDQ OTC Securities Exchange on the CBN official rate, on Tuesday, this showed a 5.54% change from N360/$.

FMDQ Securities was registered by the Securities and Exchange Commission with a mandate to create an efficient platform for the registration, listing, quotation, trading and reporting of securities and financial products.

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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
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