CBN devalues Naira, exchanges at N381 per dollar on FMDQ

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.