Respite for naira at I&E window, appreciates by 0.08% per dollar
The naira halted its three-day loss against the dollar at the Investors and Exporters window on Thursday, as it marginally appreciated against the dollar.
It exchanged at N430.67 per dollar. This represented an increase of 0.08 per cent, compared with N431 it exchanged for the dollar on Wednesday.
The open indicative rate closed at N429.75 to the dollar on Thursday.
An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N430.67.
The naira sold for as low as N417 to the dollar within the day’s trading.
A total of 82.88 million dollars was traded in foreign exchange 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
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
Trans-Saharan superhighway will boost security, commerce across states: Umahi
“If we complete this project, you will see significant improvements in security, agriculture, and commerce,” he said.
States
Bauchi police arrest 70-year-old man over alleged child defilement
Police in Bauchi State arrested a 70-year-old man for defiling a minor.
Politics
APM, PDP members dump parties for Oyo APC
The wave of defections, which began in Ward 9, was led by the top leaders of both opposition parties.
Africa
Armed Conflicts: Nigeria urges AU to fund own peace efforts, reduce reliance on external assistance
The minister warned that uncertain funding could undermine the effectiveness of African peace operations and weaken the continent’s ability to address conflicts independently.
Politics
Lagos APM governorship candidate urges accountability in public finance
Mr Adeoye said budgets should be based on citizens’ actual needs and developed through meaningful engagement with relevant stakeholders.
Politics
Gov Abiodun’s successor must be thoroughly examined, says Ogun monarch
He said the scrutiny must go beyond political affiliation, ethnicity and zoning to cover the candidates’ competence, track records and family backgrounds.
