close
Thursday, May 25, 2023

Naira gains 0.23% against dollar at investors, exporters window

Seventy-seven million dollars were traded on Wednesday at the official Investors and Exporters window.

• May 25, 2023
Redesign naira notes
New naira notes

Naira appreciated at the Investors and Exporters window on Wednesday, exchanging at N463.33 to the dollar, a 0.23 per cent increase against the N464.42 to the dollar traded on Tuesday.

The open indicative rate closed at N464.29 to the dollar on Wednesday.

An exchange rate of N467 to the dollar was the highest rate recorded within Wednesday’s trading before it settled at N463.33.

The naira sold for as low as 460 to the dollar within Wednesday’s trading.

Seventy-seven million dollars were traded on Wednesday at the official Investors and Exporters window.

(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

Katsina State

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.”

FETTY WAP

Showbiz

American rapper Fetty Wap jailed for cocaine trafficking

American rapper Willie Junior Maxwell II, popularly known as Fetty Wap, has been sentenced to six years for cocaine pushing.

Federal Inland Revenue Service chairman, Mamman Nami

Anti-Corruption

House committee wants FIRS chair Nami arrested, prosecuted for multibillion-naira tax evasion scheme

According to the report, the investigation by the committee began in 1991 to date with tax evasion running into trillions of naira.

President Muhammadu Buhari with Bola Tinubu

Politics

Tinubu knows Buhari allowed him to win presidential election: Garba Shehu

“The incoming president Bola Tinubu never gets tired of saying that the president allowed him to win. It is very significant. He allowed him to win in a free and fair process.”

President-elect Bola Tinubu and SSS

Politics

Tinubu’s Inauguration: SSS warns Nigerians about ‘subversive elements’

“Based on these, citizens, the media and civil society organisations are advised to adhere strictly to security and civil protocols during the events.”

US President Joe Biden meets with US House Speaker Kevin McCarthy

Economy

Debt Ceiling: Fitch to downgrade U.S. credit rating amid negative watch

Fitch Ratings has placed the U.S. credit rating on negative watch for a possible downgrade due to the uncertainty surrounding the nation’s ongoing debt ceiling debate.

Zainab-Ahmed and CBN

Economy

Nigeria, other African nations’ economy to grow by 4.1% amid crises: AfDB

AfDB says Nigeria and other African economies are projected to grow by 4.1 per cent in 2023 and 4.3 per cent in 2024.