Naira appreciates by 0.18% at I&E window
The naira on Wednesday appreciated at the Investors and Exporters window, exchanging at 420 to the dollar, a 0.18 per cent appreciation against N420.75 on Tuesday.
The open indicative rate closed at N419.46 to the dollar on Wednesday.
An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N420.
The naira sold for as low as N413 to the dollar within the day’s trading.
A total of $124.62 million was traded in foreign exchange at the official Investors and Exporters window on Wednesday.
(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.”
NationWide
NYSC reforms will curb unemployment, boost productivity: APC Chieftain
According to him, the initiative will deepen human capital development by equipping corps members with marketable skills that can boost productivity.
NationWide
Nigerians divided over FG’s six-week NYSC orientation reform
The government extended the orientation course from three weeks to six weeks.
NationWide
Nigeria needs bold structural reforms to reduce cost of living, ADC chieftain says
He said temporary intervention programmes alone could not build a modern and resilient economy.
Lagos
Lagos consumers turn to stockfish heads amid scarcity, rising prices
Nigeria remains the world’s largest importer of Norwegian stockfish, with millions of dollars’ worth shipped annually to meet the massive demand.
Rights
Expert seeks greater inclusion of persons with disabilities in governance, electoral process
He called for electoral reforms to make polling units more accessible to persons with disabilities.
States
NDLEA arrests Nigerian-British grandma with 13kg of cocaine hidden in plantain peels
The NDLEA said the drugs were concealed in peels of plantain, which appeared as real plantains and were packed among other food items.
