![dollar naira [NaijaTimes]](https://image.api.sportal365.com/process/smp-images-production/pulse.ng/26072024/4652ee45-cfbf-45b6-9737-3ccc19ecfe15?operations=autocrop(1920:1080)&format=webp)
The Naira on Thursday further slumped at the official market, trading at ₦1,675.49 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 local currency lost ₦44.32.
This represents a 2.71 per cent loss when compared to the previous trading date on Wednesday when it exchanged at ₦1,631.17 to a dollar.
However, the total daily turnover increased to 166.61 million dollars on Thursday up from 128.98 million dollars recorded on Wednesday.
![L-M-R: Governor Bassey Otu of Cross River State, ICRC Director General, Dr. Jobson Ewalefoh, and Governor Lucky Aiyedatiwa of Ondo State. [ICRC]](https://image.api.sportal365.com/process/smp-images-production/pulse.ng/21062025/1a1f2ec7-6888-4a77-b0fd-0619b97bdfed.jpeg?operations=autocrop(340:191)&format=webp)
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![Shoppers and traders in a congested street market in Lagos, Nigeria, on Monday, July 17, 2023. [Getty Images]](https://image.api.sportal365.com/process/smp-images-production/pulse.ng/29112024/52f53ce5-9fac-4c16-aad8-c14319f39daf.jpg?operations=autocrop(340:191)&format=webp)
At the Investor’s and Exporter’s (I&E) window, the Naira traded between ₦1,677 and ₦1,610 against the dollar.