Connect with us
Advertise With Us


Naira Loses Marginally Against Dollar At Investors’ Window



The Naira on Wednesday lost marginally against the dollar at the investors’ window.

It exchanged at N363.58, weaker than N363.54 traded on Tuesday.

Investors settled for 228.8million dollars at the close of trading at the investors’ window.

At the official Central Bank of Nigeria (CBN) window, the Naira closed at N306.65 to the dollar.

The Naira remained stable at the parallel market closing at N360.5 to the dollar, while the Pound Sterling and the Euro exchanged at N480 and N418, respectively.

Trading at the Bureau de Change (BDC) segment saw the Naira close at N360 to the dollar, while the Pound Sterling and the Euro exchanged at N480 and N418, respectively.

NAN reports that the efforts of the CBN’ intervention had made the exchange rate stable and also lead to the stability of goods and services in the country.

Also remittances from Nigerians living abroad had helped in improving inflows to the country. (NAN)




NEWS12 mins ago

Nat Park Service Reshuffles, Redeploys 60 Staff

Committed to improved service delivery, the National Park Service (NPS) has reshuffled its staff and redeployed about 60 officers across...

BUSINESS13 mins ago

Aisha Buhari Leads Campaign For Women Participation In Maritime

  The wife of the President, Mrs. Aisha Buhari, would be leading other dignitaries and stakeholders in the maritime community...

BUSINESS18 mins ago

Banks Block $25bn Electronic Fraud With AI Technology

A new analysis released yesterday by Visa Inc. has disclosed that financial institutions were able to prevent an estimated $25...

FEATURES38 mins ago

‘Delta APC’s Problem Started With Last Congress’

Comrade Christian Chime is an All Progressives Congress (APC) youth leader in Delta State. In this interview with INNEH BARTH,...

NEWS38 mins ago

‘FCT Permanent Secretary Not Acting Minister ‘

The Federal Capital Territory Administration (FCTA) has enjoined members of the public, including some media practitioners to stop ascribing the...

POLITICS44 mins ago

Edo Assembly Speaker Inaugurates 2 More Members-elect

Speaker of Edo State House of Assembly, Frank Okiye, yesterday, inaugurated two members-elect, further depleting the 15-man camp reportedly loyal...

POLITICS47 mins ago

2019 Polls: Friends ‘ll Criticise, Enemies Condemn – INEC Chairman

The chairman, Independent National Electoral Commission (INEC), Prof Mahmood Yakubu said yesterday that friends will constructively criticise the conduct of...



%d bloggers like this: