Naira drops by 0.06% against dollar at I&E window

The naira depreciated against the dollar on Thursday, exchanging N461.50 at the investors’ and exporters’ window.
The rate represented a decrease of 0.06 per cent when compared to the N461.24 which it exchanged to the dollar on Wednesday.
The open indicative rate closed at N461.50 to the dollar on Thursday.
A spot exchange rate was used for trading within the day before it settled at N461.50.
Spot exchange rate is determined instantly.
The Naira sold for as low as N462.04 to the dollar within the day’s trading.
The total turnover traded at the official Investors and Exporters window was also determined on the spot.
(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

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

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.”

States
Four suspects arrested over alleged theft of 19 goats in Niger
A police source said confirmed 19 stolen goats were recovered from the suspects.

NationWide
Tinubu seeks Senate confirmation of Yuguda as AMCON chairman
Mr Tinubu said that Mr Yuguda’s nomination was necessitated by the exit of the immediate past chairman of the corporation’s board.

Diaspora
Use profit of South African companies in Nigeria to compensate xenophobia victims, Oshiomhole tells Tinubu govt
Mr Oshiomhole stated, “This does not require any further investigation because the facts are self-evident.”

World
Egypt accuse FIFA of fixing World Cup after controversial Argentina defeat; demands referee
“The referee was really not fair. Not fair. The referee was not fair,” Zico stated.

NationWide
Defence diplomacy strengthens Nigeria’s security, says CDI
Mr Undiandeye said defence diplomacy also contributed to global peace and collective security while advancing the national interests of participating countries.

States
Security agents, Oyo govt intervene as Yoruba, Hausa clash claims two lives in Ibadan
Mr Lawal said the state government would not allow hoodlums to turn the incident into a tribal war.





