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
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
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.”
Heading 1
Obi took advantage of Nigerians’ frustrations in 2023, can’t win 2027 presidential poll: APC
The All Progressives Congress has dismissed the chances of Nigeria Democratic Congress 2027 presidential candidate Peter Obi in the forthcoming election.
World
China advocates global cooperation to modernise traditional medicine
China has called for stronger international cooperation, technological innovation and equitable access to traditional medicine to address emerging global health challenges.
Economy
Nigeria records 93% rise in AI micro-credential enrolments, 113% increase in critical thinking: Report
Enrolment in AI micro-credentials in Nigeria rose by 93 per cent in 2026, while enrolment in critical thinking certification surged by 113 per cent.
Opinion
Abdul Mahmud: The president who loves us too much to campaign
A leader confident in his record should ordinarily welcome the campaign trail, where he can explain what he has achieved and answer questions about what remains unfinished.
Rights
Overcrowding in Nigeria’s prisons hinders rehabilitation of inmates
NCoS says prison congestion and inadequate funding hinder effective rehabilitation and reintegration of inmates.
Politics
Five things Nigerians like about Tinubu and why he’ll struggle to defeat Atiku, Obi
Mr Tinubu appears to have cultivated a coterie of loyalists and supporters across party lines, mentoring and raising several other politicians from within and outside his camp.
