Business

Naira depreciates, exchanges at 456.50 to dollar

The naira, on Friday, exchanged at 456.50 to the dollar at the Investors and Exporters window.

The figure represented a decrease of 0.05 per cent, compared with N456.25 it exchanged on Thursday.

The open indicative rate closed at N451.38 to the dollar on Friday.

READ ALSO: Abiodun appoints 5 new permanent secretaries

An exchange rate of N452 to the dollar was the highest rate recorded within the day’s trading before it settled at N456.50.

The naira sold for as low as N440 to the dollar within the day’s trading.

A total of N155.86 million was traded at the official Investors and Exporters window on Friday.

The Star

Segun Ojo

Recent Posts

Binance probes $6.3bn security breach, assures users funds are safe

Cryptocurrency platform Binance says it is investigating a major security incident that may have resulted…

22 minutes ago

Tinubu nominates six executive directors for NMDPRA

President Bola Tinubu has nominated six executive directors for the Nigerian Midstream and Downstream Petroleum…

38 minutes ago

Tinubu prays for peace, unity in Nigeria during Umrah

President Bola Tinubu has prayed for lasting peace, national unity and an end to insecurity…

41 minutes ago

Actors can earn beyond movie fees through profit-sharing deals — Etim-Effiong

Nollywood actors can earn additional income from successful films through profit-sharing agreements negotiated by their…

2 hours ago

Hackers attack Binance website, steal $6.3bn

Cryptocurrency platform Binance has fallen victim to a major hack that hit around $6.3 billion…

3 hours ago

From reforms to delivery: Our infrastructure investment and growth strategy, By Bola Ahmed Tinubu

By Bola Ahmed Tinubu Since 2023, we have made difficult but necessary decisions: removing the…

5 hours ago

This website uses cookies.