Naira depreciates by 0.15%, exchanges at 446.67 to dollar
The naira on Tuesday exchanged at N446.67 to the dollar, a depreciation of 0.15 per cent when compared with N446 to the dollar it exchanged on Monday.
The open indicative rate closed at N443.90 to the dollar on Tuesday at the Investors and Exporters window.
An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N446.67.
The local currency sold for as low as N432 to the dollar within the day’s trading.
A total of $84.89 million 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
Health
UN celebrates eight billion birth as global population swells
Meanwhile, most of the world’s population growth is concentrated among the poorest countries.
Anti-Corruption
Nigeria wins international award for anti-corruption war at ports
Nigeria has won the Switzerland-based Basel Institute on Governance’s first-ever ‘Outstanding Achievement in Collective Action Award’.
Economy
GEEP 2.0: Buhari regime gives interest-free loans to Bayelsa residents
Beneficiaries could receive up to N300,000 as a loan.
Agriculture
8,520 Enugu farmers benefit from World Bank APPEALS project
Deputy Governor Cecilia Ezeilo disclosed this during a two-day World Bank ninth implementation support mission held in Enugu on Tuesday.
Africa
YouTube announces $50,000 grants for Nigerian creators, others
YouTube on Tuesday announced its expansion efforts to support creators and the creative economy in Africa with $20,000 and $50,000, respectively.
Heading 2
176 inmates freed from Port Harcourt maximum prison
One hundred and seventy-six inmates have been freed from Port Harcourt maximum prison.
