Business
Naira loses against dollar at investors, exporters’ window
The Nigerian currency, the Naira depreciated against the dollar at the Investors and Exporters window on Monday, exchanging at N431.
The figure represented a decrease of 0.67 per cent compared with the N428.12 it exchanged for the dollar at the close of business on Aug. 5.
The open indicative rate closed at N429 to the dollar on Monday.
An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N431.
The Naira sold for as low as N415.50 to the dollar within the day’s trading.
A total of $115. 67 million was traded in foreign exchange at the official investors and exporters window on Monday.
-
Health1 week agoSenate hearing set to review research on COVID-19 vaccines, cancer concerns
-
Crime6 days agoLASU student dies after armed robbery attack
-
Featured6 days agoOsun APC counters Adeleke over security drone dispute, urges public to ignore allegations against Oyetola
-
Latest7 days ago2027: North will back Tinubu’s re-election bid, says ex-ACF Secretary-General
-
Politics6 days agoEmeka Ike reacts to alleged INEC-linked data breach
-
Latest1 week ago2027: The real reason Jonathan hasn’t accepted PDP ticket—Umar Sani
-
Comments and Issues7 days agoDay Ibori stormed Asaba for Oborevwori’s third anniversary
-
Latest1 week agoCG Musa 4 PBAT’ group declares support for Tinubu’s 2027 ambition, cites strategic leadership