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.
-
Football7 days agoFULL LIST: Eight stadiums to host 2027 Women’s World Cup in Brazil
-
Comments and Issues1 week agoWavy fuel prices and deepening cost-of-living crises in Nigeria
-
Business7 days agoDangote Refinery IPO: Can small investors really make money from the shares?
-
Business5 days agoJetour takes T1 adventure SUV experience to Abuja, targets growing Nigerian market
-
Business3 days agoCBN reduces MPR by 350bps to 23% in major monetary policy shift
-
Football5 days agoNigeria vs Colombia: Falconets battle for U-20 World Cup semi-final ticket
-
Football6 days agoBreaking:Brighton shocks Arsenal 3-0 as Gunners’ perfect start comes crashing down
-
Business5 days agoNMDPRA moves against petrol price gouging as pump prices rise to N1,450