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.
-
Business2 days agoOPay explains how Nigerians can access FG’s N50,000 monthly cash relief
-
Sports6 days agoSenegal opens Dakar 2026 Youth Olympic Games, Africa’s first Olympic event
-
Football1 week agoU-17 Women’s World Cup: Flamingos Beat Mexico to Reach Quarter-Finals
-
Latest6 days agoFG Announces N50,000 cash support for vulnerable Nigerians under new relief programme
-
Business6 days agoNNPC’s N66-per-litre petrol discount set to end October 31
-
Latest6 days agoINEC recognises Pantami for Gombe, keeps Kano NDC candidate off final list
-
Latest1 week agoNetanyahu, Eisenkot face coalition deadlock as Israel struggles to form new government
-
Latest6 days agoNDC Chieftain tells Atiku to drop presidential ambition over son’s support for Tinubu