Naira exchanges at N418 per dollar at I&E market

The naira on Wednesday appreciated at the Investors and Exporters window exchanging at N418 to the dollar.
This represents a -0.24 per cent appreciation, stronger than N419.00 it traded on April 29.
The open indicative rate closed at N417.00 to the dollar on Wednesday.
An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N418.00.
The naira sold for as low as 410 to the dollar within the day’s trading.
A total of 162.70 million dollars 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
Tinubu govt changed trajectory of maritime sector via robust reforms: Minister
Mr Oyetola added that agencies under the ministry generated more than N1.8 trillion in revenue in 2025.

NationWide
FG upgrades Lagos hajj terminal
Mr Keyamo attributed the project to President Bola Tinubu’s vision to revitalise aviation infrastructure nationwide.

Hot news Home top
Revoked Licences: NDIC begins payment to 46 MfBs’ depositors
The Central Bank of Nigeria revoked the banks’ licences for failing to meet regulatory requirements for continued operations.

Abuja
Court advises Emeka Ike, Wike’s aide to consider reconciliation in N10 billion suit
The judge consequently adjourned the matter until October 12 for hearing by agreement of all the counsel.

Economy
MPC rate to keep capital market stable, says stockbroker
The committee retained the monetary policy rate (MPR) at 26.5 per cent at the end of its 306th meeting on Tuesday.

Hot news Home top
Mine Collapse: Senate urges FG to establish nationwide compensation scheme, support deceased Kogi miners’ children
The lawmaker said the incident resulted in the death of 20 workers and left several others injured.





