x

Naira Loses value, depreciates by 0.46%

The naira on Tuesday exchanged at N441.17 to the dollar at the investors and exporters window, a depreciation of 0.46per cent, compared with N439.17 to the dollar at the close of business on October 7.

The open indicative rate closed at N439.40 to the dollar on Tuesday.

An exchange rate of N414 to $1 was the highest rate recorded within the day’s trading before it settled at N441.17.

The naira sold for as low as N414 to $1 within the day’s trading.

On Tuesday, $73.66 million was traded at the official investors and exporters window.

Hot this week

Kogi Government, FG Empower 8,600 Households with Cash Transfer Programme

By Noah Ocheni, LokojaThe Kogi State Government, in partnership...

NNPC Foundation Boosts Economy with Agricultural Intervention, Say Kano Farmers

By Jabiru HassanFarmers in Kano State have commended the...

NNPC Foundation’s Training for Vulnerable Farmers in Kano Earns Praise

By Jabiru HassanKANO, Nigeria – Farmers in Kano State...

Senator Lalong Chairs UNIJOS Alumni Lecture, Calls for Safeguards in Justice Delivery in Digital Age

Senator Simon Bako Lalong, representing Plateau South Senatorial District...

Ghana to Pull Women To 2025 African Women Conference in Nov

By Joyce Remi-BabayejuThe Republic of Ghana is set...

Dinfa: Only a Northern Christian President Can Protect Northern Christians

By Israel Adamu, JosThe National Coordinator of the Young...

The Role of the United States in the Iran–Israel Geopolitical Rivalry

By Diri Glory IdaerefaaThe Middle East has long been...

2027: ACF to Regulate Officials’ Communication with Media, Public

By Achadu Gabriel, KadunaThe Northern socio-cultural organization, Arewa Consultative...

IHR Commends President Tinubu for Hajj Fare Reduction, Seeks ₦1,000/$1 Concessionary Exchange Rate

By Jabiru HassanIndependent Hajj Reporters (IHR) has commended President...

IHR Commends Tinubu for Hajj Fare Reduction, Urges N1,000/$1 Concessionary Rate

By Jabiru HassanThe Independent Hajj Reporters (IHR) has commended...

Related Articles

Popular Categories

spot_imgspot_img