News

Naira loses to dollar at Investors, Exporters’ Window

Naira lost further to the dollar on Monday as it exchanged at N461.67 at the Investors and Exporters’ window.

The rate represented a decrease of 0.04 per cent, compared to the N461.50 for which it exchanged to the dollar at the close of business on Friday.

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

READ ALSO: CBN: Old N200, N500, N1,000 remain legal tender till December

An exchange rate of N462.50 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.67.

The naira sold for as low as N445.96 to the dollar within the day’s trading.

A total of $77.64 million was traded at the official Investors and Exporters’ window.

The Star

Segun Ojo

Recent Posts

‘It’ll guarantee access to essential medicines’: Senate raises Basic Health Care Fund to 2%

The Senate on Thursday approved the increased funding for Nigeria’s Basic Health Care Provision Fund…

2 hours ago

16 UNILORIN graduates set new record, bag first class in Law School

No fewer than 16 law graduates of the University of Ilorin (UNILORIN) made first class…

3 hours ago

Dangote Refinery exports 1.1bn litres of jet fuel to Europe, covers 95% of Nigeria’s supply — AON

The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as…

4 hours ago

Kogi fraud trial: Witness reveals how billions were converted to dollars for Bello associate

A Bureau de Change operator on Thursday narrated before a federal high court in Abuja…

4 hours ago

Davido’s father donates N500m to Odun security trust fund

Long before his son Davido became one of Africa's biggest music exports, Dr Deji Adeleke…

5 hours ago

Tinubu holds closed-door meeting with APC govs at Aso Rock

President Bola Tinubu is meeting with All Progressives Congress governors at the Aso Rock Presidential…

5 hours ago

This website uses cookies.