The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging N770.38 to the dollar.
The local currency showed a 16.19 per cent decrease when compared with N663.04 it exchanged to the dollar at the close of business on June 16.
Tinubu dissolves boards of FG parastatals, agencies, coys
Advertisement
The open indicative rate closed at N703.50 to the dollar on Monday.
An exchange rate of N799 to the dollar was the highest rate recorded within the day’s trading before it settled at N770.38.
The Naira sold for as low as N461 to the dollar within the day’s trading.
A total of $78.03 million was traded at the official Investors and Exporters window on Monday.
Latest posts by Editor (see all)
- Uba Sani: Governing within the law, By MUSTAPHA MUSA - September 21, 2026
- How and why Sunrise lost $2.35bn claim against Nigeria, By GARBA SHEHU - September 19, 2026
- Mutfwang’s Orange Economy Push: Turning Plateau’s culture into jobs and prosperity - September 17, 2026
Advertisement
