Business

Naira loses against dollar by 0.09%

The naira, on Wednesday, exchanged at N461.90 to the dollar at the Investors and Exporters window.

The figure represented a decrease of 0.09 per cent, compared with the N461.50 it exchanged on Tuesday.

The open indicative rate closed at N460.25 to the dollar on Wednesday.

READ ALSO: Two bankers jailed three years for N9.4m fraud

An exchange rate of N462 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.90.

The naira sold for as low as N440 to the dollar within the day’s trading.

A total of N151.26 million was traded at the official Investors and Exporters window on Wednesday.

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…

5 hours 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…

6 hours 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…

6 hours 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…

6 hours ago

Tinubu swears in new power, foreign affairs ministers

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

6 hours 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,…

6 hours ago

This website uses cookies.