The naira, on Tuesday, May 16, depreciated against the dollar, exchanging for N464.67 at the Investors and Exporters window.
The rate represents a decrease of 0.14 per cent when compared to the N464 it exchanged for the dollar on Monday.
The open indicative rate closed at N463.96 to the dollar on Tuesday.
READ ALSO: Naira drops, exchanges at N464 against dollar
A spot exchange rate of N467 was used for trading within the day before it settled at N464.67.
Spot exchange rate is determined instantly.
The naira sold for as low as N460 to the dollar within the day’s trading.
A total turnover of $127.72 million was traded at the official Investors and Exporters window.
The Chairman of Kosofe Local Government Area, Moyo Ogunlewe, has denied allegations that a journalist…
A prosecution witness in the alleged ₦110.4 billion fraud trial of former Kogi State governor,…
United Bank for Africa (UBA) Plc on Thursday hosted another edition of its quarterly Business…
The Central Bank of Nigeria (CBN) has stated that ongoing reforms in the financial sector…
President Bola Ahmed Tinubu has congratulated the Governor of Plateau State, Caleb Mutfwang, on the…
The Police Service Commission (PSC) has approved the promotion of 13 Commissioners of Police (CPs)…
This website uses cookies.