Naira maintains slump against dollar by 0.10%
The naira depreciated against the dollar at the Investors and Exporters Window on Thursday exchanging at N428.16 to the dollar.
The figure represented an appreciation of 0.10 per cent compared with N427.75 for which it exchanged for the dollar on Wednesday.
The open indicative rate closed at N426.31 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 N428.16.
The naira sold for as low as N413.50 to the dollar within the day’s trading.
A total of 222.84 million dollars was traded in foreign exchange 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
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.”
Economy
Banks’ assets hit N180.37 trillion: Report
The report said deposit money banks in Nigeria contributed 41.8 per cent to the country’s nominal gross domestic product (GDP).
States
Troops kill terrorist commander, foil attacks in Zamfara, Katsina
Troops killed a notorious terrorist commander and foiled attacks in two states.
World
Woman suspected in Monaco bomb attack found dead near Kyiv
Ukrainian prosecutors said her body was found near Kyiv, with a gunshot wound to the head.
Africa
Xenophobic Attacks: Ghana govt defers Ramaphosa’s planned state visit
”We sent them a communication indicating that it would be best to defer the visit in view of the present climate around xenophobia,” Mr Ofosu said.
Abuja
ICPC arrests El-Rufai’s doctor over alleged abuse of court approved medical visit
Mr Odey said the doctor was arrested because he allegedly made false statements regarding a court-approved medical visit.
World
UNHRC adopts first-ever resolution linking human rights, neglected diseases
The landmark move is expected to strengthen global efforts to eliminate the diseases and improve the lives of more than one billion affected people.
