Business

Naira exchanges N702.19 at investors, exporters window

Naira on Thursday lost against the dollar at the Investors and Exporters window, exchanging N702.19 to the dollar.

The local currency depreciated by 5.75 per cent when compared with N664.04 for which it exchanged for the dollar on Wednesday.

The open indicative rate stood at N658.50 to the dollar on Thursday.

Reps reject motion to ban ‘Japa’ syndrome

An exchange rate of N791 to the dollar was the highest rate recorded within the day’s trading before it settled at N702.19.

The Naira sold for as low as N461 to the dollar within the day’s trading.

A total of $70.72 million was traded at the official Investors and Exporters window on Thursday.

The Star

Editor

Recent Posts

Tinubu funded Buhari’s 2015 campaign, built APC — Babachir Lawal

Former Secretary to the Government of the Federation, Babachir Lawal, has claimed that President Bola…

1 hour ago

Buhari withheld support for Tinubu over ethical, religious concerns — Babachir

Former Secretary to the Government of the Federation, Babachir Lawal, has revealed that late former…

2 hours ago

NiMet forecasts 3-day sunshine, thunderstorms across Nigeria ‎

The Nigerian Meteorological Agency (NiMet) has predicted sunshine and cloudiness across the nation from Sunday…

3 hours ago

Nigeria may face rice, tomato scarcity in 3 months — OTACCWA

The Organisation for Technology Advancement of Cold Chain in West Africa (OTACCWA) says Nigerians may…

3 hours ago

Shakira reveals why she chose Burna Boy for World Cup anthem

Global music star Shakira has explained why she selected Nigerian Afrobeats singer Burna Boy to…

3 hours ago

Education key to achieving $1trn economy — Alausa

The Minister of Education, Dr. Tunji Alausa, has said education will play a central role…

3 hours ago

This website uses cookies.