Business

Naira gains, exchanges N461.24 against dollar

The naira appreciated against dollar on Wednesday, exchanging N461.24 at the Investors and Exporters window.

The rate represented an increase of 0.11 per cent when compared to the N461.75 for which it exchanged to the dollar on Tuesday.

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

READ ALSO: NLC: Why we suspended planned strike over naira scarcity

An exchange rate of N462.13 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.24.

The naira sold for as low as N459.50 to the dollar within the day’s trading.

A total of $74.31 million was traded at the official Investors and Exporters window.

The Star

Segun Ojo

Recent Posts

Bandits abduct 50 Zamfara elders during peace talks

At least 50 community elders sent to negotiate with bandits in Zamfara State have been…

13 minutes ago

Sanwo-Olu courts investors at Invest Lagos Summit

Lagos State Governor, Babajide Sanwo-Olu, has intensified efforts to attract local and foreign investments, describing…

52 minutes ago

WAEC blames exam delays on fatal accident, logistics challenges

The West African Examinations Council (WAEC) has explained that delays in the conduct of Mathematics…

60 minutes ago

Tinubu to commission key FCT projects, visit area councils

President Bola Tinubu will on Tuesday begin the commissioning of major infrastructure projects across the…

1 hour ago

Tinubu swears in new power, foreign affairs ministers

President Bola Tinubu on Monday swore in Joseph Olasunkanmi Tegbe as Minister of Power and…

1 hour ago

EFCC arraigns couple over N1.09bn contract fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned a self-proclaimed native doctor, Olorunbukunmi Taiwo,…

1 hour ago

This website uses cookies.