Business

Naira gains 0.07% at Investors, Exporters window

The naira, on Thursday, exchanged at N461.17 to the dollar at the Investors and Exporters window.

The figure represented an appreciation of 0.07 per cent compared to the N461.50 it exchanged rate on Wednesday.

The open market indicative rate closed at N461.50 to the dollar on Thursday.

READ ALSO: Naira notes: Malami seeks disqualification of govs’ suit against deadline

An exchange rate of N462 to the United States dollar was the highest rate recorded within the day’s trading before it eventually settled at N461.17.

The naira sold for as low as N446 to the dollar within the day’s trading.

A total of $55.52 million dollars was traded at the official Investors and Exporters window on Thursday.

The Star

Segun Ojo

Recent Posts

US targets Nigerian fashion market to boost bilateral trade

The United States is seeking to deepen commercial ties with Nigeria through the fashion industry,…

8 hours ago

Real Madrid to appoint tennis legend Nadal as board member

Real Madrid have announced plans to appoint retired tennis superstar Rafael Nadal to their board…

9 hours ago

Army rewards soldier with N500,000 for rejecting kidnapper’s bribe

The Nigerian Army has rewarded a soldier, Private Utim Terwase, with N500,000 for rejecting an…

9 hours ago

Dangote in talks to expand refinery IPO access

Dangote Industries Limited held discussions with stock exchanges across Africa on expanding participation in its…

10 hours ago

Senate proposes six-month jail term for hospitals rejecting emergency patients

Hospitals and healthcare providers that reject emergency patients could face up to six months’ imprisonment…

11 hours ago

PSC demotes 16 officers, dismisses three

The Police Service Commission (PSC) has dismissed three senior police officers and demoted 16 others…

11 hours ago

This website uses cookies.