Naira depreciates against dollar at I&E window
The naira on Thursday exchanged at 446.10 to the dollar at the Investors and Exporters window, a depreciation of 0.10 per cent, compared with the 445.67 it exchanged on Wednesday.
The open indicative rate closed at N444.42 to the dollar on Thursday.
An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N446.10.
The naira sold for as low as 415 to the dollar within the day’s trading.
A total of N87.95 million was traded at the official Investors and Exporters window on Thursday.
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
Kariba South has an installed capacity of 1,050mw but has been producing well below that due to low water levels in the dam.
The National Board for Technical Education (NBTE) says it plans to partner Morocco in promoting skills in Nigeria.
The Plateau government has reassured residents that it will continue creating a conducive teaching and learning environment.
At least 513 persons were linked to multiple fraudulent payments.
“Why should somebody from the university system come and midwife over a different system and become lords over them?”
“I led a four-member committee to the National Assembly. We were first attended to by the House of Representatives, where we successfully presented our case.”