Naira depreciates at official exchange; closes at N416.67 per dollar
![Emefiele, Naira/Dollar](https://i1.wp.com/gazettengr.com/wp-content/uploads/FF503555-915C-4250-A8A6-6981EB9A1602-1200x675.jpeg)
The exchange rate at the Investors and Exporters window closed at N416.67/$1 on Thursday, representing a 0.04% depreciation compared to N416.50/$1 recorded on Wednesday.
The open indicative rate also closed at N415.81/$1 on Thursday.
An exchange rate of N444/$1 was the highest rate recorded within the day trading before it settled at N416.67/$1, while it sold for as low as N410/$1 within the day trading.
A total of $112.03 million was traded in FX at the official Investors and Exporters Window on Thursday.
(NAN)
More from Peoples Gazette
![](https://i1.wp.com/gazettengr.com/wp-content/uploads/Queue-in-a-filling-station.png)
Economy
Buhari regime will continue to borrow without subsidy removal: Femi Adesina
“You know how much could have been saved if the subsidy was removed and how it could have been diverted to other areas and spheres of national life.
![Rihanna](https://i1.wp.com/gazettengr.com/wp-content/uploads/Rihanna-.jpg)
Showbiz
Rihanna debuts on Forbes billionaire list
Thirty-four-year-old Rihanna is the first Barbadian billionaire, according to Forbes magazine.
![ILORIN DUMPSITE](https://i1.wp.com/gazettengr.com/wp-content/uploads/ILORIN-DUMPSITE-.jpg)
Health
Kwara residents urged to maintain clean environment
“This waste dumped illegally has a lot of health hazards to humanity, as people are diagnosed with so many ailments like cholera…”
![Buhari picking teeth and Robert Gordon University](https://i1.wp.com/gazettengr.com/wp-content/uploads/17F46E96-4ECC-40C9-A58C-2C652E79A039-1200x675.jpeg)
World
We used Buhari’s teeth-picking picture to illustrate lazy, insensitive leadership: Scottish University
The infamous photo, which emerged as chaos and deprivation pummelled the Nigerian masses, was released in August 2019 to disparage citizens demanding Omoyele Sowore’s release.
![NIGERIAN STUDENTS FLEEING UKRAINE](https://i1.wp.com/gazettengr.com/wp-content/uploads/NIGERIAN-STUDENTS-FLEEING-UKRAINE--1200x675.jpg)
Diaspora
Poland throwing Nigerian students fleeing Ukraine war into detention: FG
“So, those Nigerians who refused to return are at risk. Some are in detention centres in Poland, and they are in a traumatic condition.”
![Obinwanne 'Invictus' Okeke](https://i1.wp.com/gazettengr.com/wp-content/uploads/Obinwanne.jpg)
Anti-Corruption
Over half of Nigerians in our prisons jailed for fraud: U.S. Govt
“We urge you to stop corresponding with whoever sent the message, and please do not send any money to Nigeria,” the embassy warned U.S. citizens.
![UN General Assembly](https://i1.wp.com/gazettengr.com/wp-content/uploads/AC880790-ADC0-42C3-A12D-67E51FFB0250.jpeg)
World
Russia’s suspension from Human Rights Council ‘historic’: U.S.
“It was not only about accountability for Russia,” she said. “But also about standing with the people of Ukraine.”