Naira marginally rises against dollar in 24 hours of Tinubu's presidency
The open indicative rate closed at ₦464.10 to the dollar on Tuesday.
President Bola Tinubu on his first day at his Aso Villa office [Presidency]
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![Nigerian cement manufacturers believe the rising price of the commodity won't come down if the government fails to address the chains of monopoly in the sector. [Reuters]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Nigerian cement manufacturers believe the rising price of the commodity won't come down if the government fails to address the chains of monopoly in the sector. [Reuters]")
The open indicative rate closed at ₦464.10 to the dollar on Tuesday.
An exchange rate of ₦467 to the dollar was the highest rate recorded within Tuesday’s trading before it settled at ₦464.50.
The naira sold for as low as ₦460 to the dollar within the days of trading.
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A total of 120.36 million dollars was traded at the official Investors and Exporters window on Tuesday.
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