Wednesday, July 8, 2026

Naira slides further against dollars at I&E window

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N430.

• July 5, 2022
Naira and Dollar
Naira and Dollar

Naira depreciated against the dollar at the Investors and Exporters Window on Tuesday, exchanging at N430.

The figure represented a depreciation of 1.00 per cent, compared to the N425.75 for which it exchanged for the dollar on Monday.

The open indicative rate closed at N422.71 to the dollar on Tuesday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N430.

The Naira sold for as low as N413.40 to the dollar within the day’s trading.

A total of 47.56 million dollars was traded in foreign exchange at the official Investors and Exporters Window on Tuesday.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Naira and Dollar

Economy

Naira further depreciates, loses N3.32 against dollar at official market

Data from the official website of the Central Bank of Nigeria (CBN) revealed that the naira lost N3.32.

Andrey Santos

Sport

Chelsea, Manchester United agree £50 million deal for Andrey Santos

Santos will undergo a medical to finalise his move to Old Trafford.

Nigerian Map

NationWide

NDC senatorial candidate blames civic apathy for Nigeria’s crises

Mr Orette criticised the growing culture of celebrating politicians rather than evaluating their competence.

Central Bank of Nigeria Logo

Economy

CBN seeks bold ESG reforms to unlock Africa’s sustainable growth

Mr Ikeazor said Africa was warming rapidly and facing its worst climate crisis in more than a decade.

Police

States

Police seek stronger collaboration with customs to strengthen border security

Mr Ojajuni said that sustained collaboration, intelligence sharing, and joint operations remain indispensable in addressing emerging security threats.

notorious kidnapping

States

Police smash kidnap syndicate, detain 184 suspected criminals in Imo

The commissioner said police investigations linked the same criminal gang to the brutal murder of two Imo State Homeland Security personnel on May 16.