Business
Naira loses to dollar by 0.03%
The naira on Tuesday depreciated against the dollar at the Investors and Exporters window, exchanging at N445.50.
The figure represents a depreciation of 0.03 per cent compared with the N445.38 for which the dollar exchanged on Monday.
The open indicative rate closed at N443.92 to the dollar on Tuesday.
An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N445.50.
The naira sold for as low as 431 to the dollar within the days trading.
A total of 74.72 million dollars was traded at the official Investors and Exporters window on Tuesday.
-
Latest2 days agoMakinde declares 2027 presidential bid under PDP–APM alliance
-
Featured2 days agoObasanjo faults Tinubu’s economic reforms, calls them necessary but poorly designed
-
Business3 days agoAnger, debate trail proposed $1.25bn loan amid concerns over Nigeria’s debt surge
-
Featured3 days agoWike dismisses political speculation over meeting with APC Chairman Yilwatda
-
Latest5 days agoWike loyalists dominate As APC clears 33 aspirants for Rivers Assembly primaries, 65 disqualified
-
Business3 days agoNigeria’s 2026 debt servicing hits $11.6bn as Tinubu decries global financial inequity
-
Latest2 days agoWike says Makinde’s presidential ambition dead on arrival
-
Latest1 week agoNigerian Senate reverses standing orders amendment over constitutional concerns