close
Thursday, May 26, 2022

I&E Window: Naira appreciates from N419 per dollar; now N418

A total of 108.33 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday.

• May 25, 2022
Emefiele, Naira/Dollar
Composite of Godwin Emefiele, Naira/Dollar used to illustrate the story

The naira on Wednesday exchanged at 418.00 to the dollar at the Investors and Exporters window, compared to 419 traded on Tuesday, representing 0.24 per cent appreciation.

The open indicative rate closed at N417.79 to the dollar on Wednesday.

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N418.00.

The naira sold for as low as 413 to the dollar within the day’s trading.

A total of 108.33 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday. 

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Muhammad Abacha

Politics

2023: Abacha’s son Muhammad wins Kano PDP governorship Primary

Muhammad Abacha, son of Nigeria’s former military dictator Sani Abacha, has emerged as the governorship candidate of the Peoples Democratic Party (PDP).

Patience Ndidi-Key with PRP leaders and delegates at Aminu Kano Centre for Democratic Studies

Politics

2023: Female PRP presidential aspirant woos Kano delegates

“I hereby appeal to you to support my presidential ambition by voting for me to clinch the party’s ticket at the forthcoming primary election,” said Ms Ndidi-Key.

Anambra member congress

Politics

Anambra PDP holds three-member ward delegates’ congress

PDP on Wednesday elected three-member ward delegates in Anambra North and South senatorial districts, ahead of the state congress.

Mao Ohuabunwa

Politics

2023: Ohuabunwa picks Abia North PDP senatorial ticket

Mr Ohuabunwa was a member of the Eighth Senate but lost his second term bid in 2019 to Orji Kalu, a former Abia governor.

Mohammed Jajari

Politics

2023: Jajari wins Borno PDP governorship primary

The governorship election committee chairman urged all the contestants to accept their result as a will of God, noting that nobody was a winner or loser.

Ladi Adebutu and Segun Sowunmi

Politics

Ogun PDP holds parallel governorship primaries, produces two candidates

Two factions of the Ogun chapter of the PDP held parallel governorship primaries in Abeokuta on Wednesday to elect governorship flag bearers.