Naira up by 0.52% against dollar at official exchange
The naira witnessed a rare appreciation against the dollar on Tuesday at the Investors and Exporters window.
It exchanged at N428.75 per U.S. dollar.
The figure represented an increase of 0.52 per cent compared with the N431 it exchanged for the dollar on Monday.
The open indicative rate closed at N429.58 to the dollar on Tuesday.
An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N428.75.
The naira sold for as low as N417 to the dollar within the day’s trading.
A total of 113. 64 million was traded in foreign exchange at the official investors and exporters window on Tuesday.
(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
Ondo Assembly sacks two APC lawmakers for hobnobbing with PDP
The speaker called on INEC to conduct an election to fill the vacant seats of the sacked legislators within 90 days.
Anti-Corruption
Passport racketeering by corrupt NIS officials frustrating Buhari regime’s efforts: Aregbesola
“There must be zero tolerance for these practices if we want to build a great nation,” the minister said.
Hot news Home top
Journalist critical of Guatemalan president charged with felony, newspaper office raided
Guatemalan journalist and president of the elPeriódico newspaper Jose Ruben Zamora is facing multiple felony charges after being arrested and having his office raided.
Heading 2
Fashola blames CORBON, others for building collapse in Nigeria
“Are you an expert indeed or by title alone? If you are really experts, why do buildings fall down?” Mr Fashola asked the building bigwigs.
Agriculture
ACReSAL: Buhari regime to spend $472.8 million on North’s watersheds
“This is a six-year programme, and we are going to start implementation as soon as we have the go-ahead from the World Bank,” said the agric minister.
Heading 5
ADC says Abia on ‘life support’, accuses Ikpeazu, PDP of mismanagement
“The need to liberate Abia has become more urgent now than ever before,” said the ADC governorship candidate.
