Naira further depreciates at I&E Window
The naira depreciated against the dollar at the Investors and Exporters Window on Thursday exchanging at N424.62 to the dollar.
The figure represented an appreciation of 0.01 per cent compared with N424.58 for which it exchanged for the dollar on Wednesday.
The open indicative rate closed at N424.30 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 N424.62.
The naira sold for as low as N414 to the dollar within the day’s trading.
A total of 87.95 million dollars was traded in foreign exchange at the official Investors and Exporters Window.
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
OsunDecides: De-registered Alliance for Democracy endorses Oyetola
AD, one of the de-registered parties by the Independent National Electoral Commission (INEC), is not allowed to field a candidate for the gubernatorial election.
Lagos
Obasa, Lagos Assembly bastardising democracy in Lagos, sacked LAHASCOM chairman says
“It is very sad that our democracy has been bastardised with the conduct of those who are supposed to ensure the rule of law.”
States
Voter registration suspended as unknown gunmen, arsonists attack INEC officials, facility
“The gunmen fired sporadically into the air to disperse registrants and registration officials.”
States
Societal pressure pushing young Nigerians into ritual killings: Youths
“The pressure is real; the need for comparison. I personally keep friends that share the same values as I do.”
Sport
Buhari happy Super Falcons qualify for WAFCON semi-final, World Cup
President Muhammadu Buhari has congratulated Nigeria’s Super Falcons for qualifying for the Women’s World Cup in Australia and New Zealand in 2023.
Lagos
PDP will defeat APC in Lagos; I have 20 million social media followers: Funke Akindele
“He (Mr Sanwo-Olu) has the numbers; I have the numbers. I have fans and followers. I’m true to myself. I have over 19 to 20 million fans on social media.”
