Wednesday, July 8, 2026

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

• March 30, 2023
Naira and Dollar
Naira and Dollar

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

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.”

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.

Nigerians evacuated from South Africa

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.

Oyo State governor, Seyi Makinde (Photo Credit: Twitter)

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.