Naira maintains slide; exchanges at N763 per dollar at I&E window

The naira on Tuesday dropped further, exchanging for N763 against the dollar at the Investors and Exporters window.
The naira depreciated by 0.67 per cent when compared with N768.17 for which it exchanged for the dollar at the close of business on Monday.
The open indicative rate closed at N760.50 to the dollar on Tuesday.
An exchange rate of N841 to the dollar was the highest rate recorded within the day’s trading, before settling at N763.
The naira sold for as low as 467 to the dollar within the day’s trading.
A total of 245.65 million dollars was traded at the official investors and exporters window on Tuesday.
(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.”

States
Alleged kidnappers shot dead in Akure, police say
The police command in Ondo state says two suspected kidnappers were killed during a gun duel with operatives along the Akure–Owo Expressway in Ilu-Abo, Akure North council area.

Anti-Corruption
U.S. defence official convicted for aiding Nigeria-based scammers launder millions of dollars
Mr Marcus is scheduled to be sentenced on October 16 and faces a maximum possible term of 20 years in prison, three years of supervised release, and a $250,000 fine.

Economy
NNPC signs six strategic gas deals to boost industrialisation, energy security
NNPCL has signed six strategic agreements with key industry partners to deepen gas utilisation, strengthen energy security and accelerate Nigeria’s gas-based industrialisation drive.

Economy
Renaissance announces major oil discovery offshore Nigeria
Renaissance Africa Energy Company Limited has announced a significant hydrocarbon discovery following the successful delivery of the JK-004 exploration well.

Diaspora
Top five crimes that land Nigerians in U.S. prisons
At the top of the list of crimes for which the 3,968 Nigerians were jailed was fraud, bribery and extortion, the document stated.

States
Two suspects in Oyo-Iwo Expressway armed robbery nabbed: Police
The police command in Oyo state said it has arrested two suspected armed robbers and recovered a firearm linked to a robbery along the Oyo-Iwo Expressway in Afijio.





