close
Wednesday, February 22, 2023

Naira makes marginal gains of 0.04%

Naira exchanged at N461.33 to the dollar on Tuesday at the Investors and Exporters window.

• February 22, 2023
Lower denomination naira notes
Lower denomination naira notes [Photo Credit: Channels]

Naira exchanged at N461.33 to the dollar on Tuesday at the Investors and Exporters window.

The rate represented an increase of 0.04 per cent compared to the N461.50 to the dollar for which it exchanged on Monday.

The open indicative rate closed at N461.55 to the dollar on Tuesday.

An exchange rate of N462.41 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.33.

The naira sold for as low as N406.75 to the dollar within the day’s trading.

On Tuesday, a total of 48.28 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

Katsina State

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.”

Kola Abiola

Politics

Kola Abiola promises to focus on security

The Peoples Redemption Party presidential candidate Kola Abiola says he will prioritise the security of lives and property if elected on February 25.

Gavel

Anti-Corruption

Female banker, alleged accomplice nabbed over N13 million fraud

Two persons on Wednesday appeared before the Ikeja Chief Magistrates’ Court for obtaining N13 million on a false pretence of changing it to dollars.

Abubakar Tafawa Balewa University

Education

Elections: Bauchi residents happy about shutdown of universities 

Bauchi residents have commended President Muhammadu Buhari’s regime for shutting down universities because of the February 25 and March 11 elections.

The Supreme Court of Nigeria

Rights

Naira Scarcity: Supreme Court consolidates suits against Buhari regime

The Supreme Court has consolidated various suits instituted by 16 state governments against the federal government, challenging CBN’s naira swap deadline.

IMMIGRANTS AT U.S. BORDER

World

Australia to overhaul ‘broken’ immigration system

Australia’s Home Affairs Minister has committed to overhauling the country’s “broken” migration system.

SCHOOL

Education

62% of private schools in Kaduna lack adequate health facilities: Survey

The survey indicated that of the 371 schools, 119 had health facilities, representing 38 per cent.