Naira further loses value against dollar
The naira on Tuesday depreciated at the Investors and Exporters window, exchanging at N464.42 to the dollar, a 0.20 per cent decrease against N463.50 traded on Monday.
The open indicative rate closed at N464.10 to the dollar on Tuesday.
An exchange rate of N632 to the dollar was the highest rate recorded within the day’s trading before it settled at N464.42.
The naira sold for as low as 460 to the dollar within the day’s trading.
A total of 215.91 million dollars was traded at the official Investors and Exporters window.
(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
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
World
Britain’s inflation falls to lowest level in one year
British inflation has eased back to its lowest level since March 2022 but remained higher than expected as food prices continued to rise at a near-record pace.
Enugu
Enugu: Police, NAF arrest ATM cards swapping syndicate
The suspects included three males and one female, a mother of four.
States
Vandals destroyed nine TCN towers in Abeokuta: Official
The Transmission Company of Nigeria (TCN) said nine towers in the Obafemi Owode area of Abeokuta, Ogun, collapsed due to vandalism.
Rights
ECOWAS tells Nigeria, other members to improve standard of living
“Let us remember that our success and progress are measured by the quality of life of our people.”
Rights
Physical infrastructure important in reducing poverty: Buhari
President Muhammadu Buhari says infrastructural development is important for poverty alleviation.
Lagos
Two killed on Lagos-Ibadan Expressway crash
A driver and his motor boy died in a crash along the Lagos-Ibadan expressway, the Ogun Traffic Compliance and Enforcement Corps (TRACE) said.
