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

Witness: Sirika used Ethiopian Airlines aircraft as Nigeria Air in N2bn fraud trial

A prosecution witness in the ongoing trial of former Aviation Minister, Hadi Sirika, on Wednesday…

7 hours ago

EFCC arraigns Lagos man over N90.9m money laundering

The Lagos Zonal Directorate of the Economic and Financial Crimes Commission has arraigned a man,…

7 hours ago

EFCC arraigns Blessing CEO over N13m cancer fundraising fraud

The Economic and Financial Crimes Commission has arraigned popular social media influencer, Okoro Blessing Nkiruka,…

7 hours ago

How troops foil attempted abduction of Kogi school pupils

Troops of the Nigerian Army's 12 Brigade have foiled an attempted abduction of pupils at…

7 hours ago

Senate orders ex-NNPC GCEO Mele Kyari’s arrest over missing N210trn

The Senate has issued a warrant of arrest on former Group Chief Executive Officer (GCEO)…

9 hours ago

Adeleke, others escape unhurt as podium collapses at political rally

There was a moment of panic in Osun State on Wednesday after a podium carrying…

10 hours ago

This website uses cookies.