Naira gains marginally against dollar in Friday’s exchange at I&E window
The naira on Friday appreciated against the dollar at the Investors and Exporters window, after remaining constant in value for two days.
The naira exchanged at N429.05, representing an increase of 0.08 per cent, compared with the N429.38 it exchanged for the dollar on Thursday.
The open indicative rate closed at N428 to the dollar on Friday.
An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N429.05.
The naira sold for as low as 416.06 to the dollar within the day’s trading.
A total of 50.22 million dollars was traded in foreign exchange at the official Investors and Exporters window on Friday.
(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
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.”
Education
Argentines protest budget cuts to public universities
The protestors are being joined by professors and students with their union leaders.
Sport
EPL: Everton hand Liverpool major upset in title race; Bruno Fernandes’ brace helps Man United return to winning ways
If City win the two games, they will go top of the table.
Heading 3
FRSC collaborates with judiciary for speedy trial of drivers involved in road crashes
“All drivers and vehicle owners who caused crashes on the roads would definitely face the wrath of the law.”
Africa
Tanzania shuts down five hydro stations to reduce excess power on national grid
This is the first time the country will be shutting its hydroelectric stations over excess production.
Abuja
Fuel Scarcity: Motorists lament as long queues resurface in FCT
They appealed to the federal government to resolve whatever the issues were.