Naira maintains weakness against dollar; exchanges at N436.50 at official window
The naira continued its negative performance against the dollar at the Investors and Exporters window on Wednesday.
It exchanged at N436.50 against N436.00 on Tuesday. This represents 0.11 per cent depreciation.
The open indicative rate closed at N431.88 to the dollar on Wednesday.
An exchange rate of N437.50 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.50.
The naira sold for as low as N418 to the dollar within the day’s trading.
A total of 82.23 million dollars was traded 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
Sport
Champions League: Lewandowski bags hat-trick as Barcelona whip Viktoria Plzen
Robert Lewandowski struck a hat-trick in his first Champions League game for FC Barcelona to power the Catalans to an emphatic 5-1 home win over Viktoria Plzen on Wednesday.
Hot news Home top
APC praises Matawalle’s anti-bandits strategies in Zamfara
The All Progressives Congress (APC) has commended Governor Bello Matawalle for his anti-bandit strategies in Zamfara.
Sport
Atletico Madrid shock Porto in Champions League opener
A goal in the 11th minute of stoppage-time by Antoine Griezmann earned Atletico Madrid a 2-1 home win over 10-man Porto in the Champions League on Wednesday.
Hot news Home top
Hushpuppi says he’s among best bathroom cleaners in prison, begs judge to temper justice with mercy
Hushpuppi’s record seen by Peoples Gazette as part of his memorandum opposing prosecution’s sentencing recommendations showed he performed well and related well with other inmates.
Anti-Corruption
Abba Kyari operates death squad in Nigeria, he’ll hunt me for exposing him to FBI: Hushpuppi
Ramon Abbas said his role in the indictment of Mr Kyari, which precipitated the downfall of Nigeria’s most-celebrated police officer, also put his family at grave risk in Nigeria.
Heading 3
FBI asks court to sentence Hushpuppi to 11 years with $2.2 million in restitution, fines
It came more than two years after the infamous Internet fraud ringleader was arrested in Dubai in June 2020 for driving multiple schemes that targeted victims in Europe and the United States.
