Naira appreciates, exchanges at N756.94 to $1 at I&E window
The naira on Monday appreciated against the dollar, exchanging at N756.94 at the Investors and Exporters window.
The local currency gained 2.43 per cent compared with N775.76, which it exchanged for the dollar at the close of business on July 28.
The open indicative rate closed at N784.91 to the dollar on Monday.
A spot exchange rate of N830 to the dollar was the highest rate recorded within the day’s trading before it settled at N756.94.
The naira sold for as low as N651 to the dollar within the day’s trading.
On Monday, $67.21 million was traded at the I&E window.
(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
World Population Day: UNFPA urges investments in young people’s choices, future
Ms Keita said fragile labour markets, widening inequalities, and prolonged conflicts had left many young people uncertain about achieving their aspirations.
Anti-Corruption
ICPC to arraign Enugu PDP governorship candidate Uche Nnaji over forged credentials
Mr Nnaji was arrested at the Nnamdi Azikiwe International Airport in Abuja on July 1.
Health
College of physicians demands sustainable funding, tech-driven training for health system
The college also directed consistent referral and feedback loops between facilities.
Sport
Why Super Eagles goalkeeper Maduka Okoye is trending
Videos and photographs shared online showed Okoye and the Grammy-winning artiste at the Jean Paul Gaultier Haute Couture show in Paris.
Sport
Tinubu reiterates commitment to reviving horse racing in Nigeria
Mr Tinubu said reviving horse racing would create jobs through skills development, tourism, livestock production, and increased private-sector investment.
World
Iran, Oman end Hormuz talks without breakthrough
The strategic waterway lies between Iran to the north and Oman to the south, giving both countries a direct role in ensuring maritime security.
