Naira slides again, exchanges at N463.7 per dollar at I&E window

The naira depreciated at the Investors and Exporters window on Thursday exchanging at N463.67 to the dollar.
This represents a 0.07 per cent decrease against the N463.33 to the dollar traded on Wednesday.
The open indicative rate closed at N463.85 to the dollar on Thursday.
An exchange rate of N467 to the dollar was the highest rate recorded within Thursday’s trading before it settled at N463.67.
The naira sold for as low as 460 to the dollar within the day’s trading.
A total of 157.56 million dollars was traded at the official Investors and Exporters window on Thursday.
(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.”

Rights
Court remands security guard in Kirikiri over alleged sexual assault on minor
The accused is the security guard in the school where the four-year-old minor attends.

Rights
Prince Harry absent from court to attend daughter’s birthday
Justice Fancourt, the judge hearing the case, said he was “a little surprised” to hear the duke would not attend court on Monday.

Economy
Oil prices rise as Saudi announces production cut
Oil prices were on the rise on Monday following Saudi Arabia’s announcement that it would cut its oil output by one million barrels a day in July.

Anti-Corruption
Pangolin scales worth N432 million seized in Bauchi: Customs
The Nigeria Customs Service (NCS) says it seized contraband pangolin scales with a duty-paid value of N432 million in Bauchi.

States
Police arraign two for threatening to kill CDA chairman
On Monday, two men, Wale Fatai, 32, and Deji Oyemomilara, 25, were accused of threatening to kill a CDA chairman.

Politics
PDP urges Sokoto government to tackle bandits
On Saturday, bandits killed at least 30 people during the attacks while many others were wounded.