Business

Naira weakens to dollar at Investors, Exporters window

The naira, on Friday, exchanged at N444.75 to the dollar at the Investors and Exporters window, a depreciation of 0.06 per cent, compared with N444.50 to the dollar it exchanged on Thursday.

The open indicative rate closed at N443 to the dollar on Friday.

An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N444.75.

The naira sold for as low as 438 to the dollar within the day’s trading.

A total of 61.89 million dollars was traded at the official Investors and Exporters window on Friday.

The Star

Segun Ojo

Recent Posts

Tinubu heads to Saudi Arabia for Umrah, prays for Nigeria

President Bola Tinubu will depart Abuja on Thursday for Makkah, Saudi Arabia, to perform Umrah…

6 hours ago

Lagos govt targets $1trn GDP by 2052, seeks more investment

Lagos State Governor Babajide Sanwo-Olu says his administration is committed to the Lagos State Development…

8 hours ago

Tinubu mourns veteran journalist, Reverend Mobolade Omonijo

President Bola Tinubu has mourned veteran journalist and political analyst, Reverend Mobolade Omonijo, describing him…

8 hours ago

Customs, EFCC, WCO strengthen partnership against money laundering

The Nigeria Customs Service (NCS), the World Customs Organization (WCO) and the Economic and Financial…

8 hours ago

APC unveils supplementary campaign council list

The All Progressives Congress (APC) has expanded President Bola Tinubu’s 2027 presidential campaign council with…

8 hours ago

Adeleke denies deal to share Osun legislative seats with APC

Osun State Governor, Ademola Adeleke, has denied entering into any agreement with the All Progressives…

8 hours ago

This website uses cookies.