ADVERTISEMENT

Naira drops further by 0.64%

The Naira sold for as low as 460 to the dollar within the day’s trading.

Naira drops further by 0.64%.

The local currency showed a 0.64 per cent decrease when compared with ₦‎469.50 it exchanged for the dollar on Thursday.

The open indicative rate closed at ₦‎471.32 to the dollar on Friday.

An exchange rate of ₦‎477 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦‎472.50.

ADVERTISEMENT

The Naira sold for as low as 460 to the dollar within the day’s trading.

A total of 77.42 million dollars was traded at the official Investors and Exporters window on Friday.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

CBN postpones September MPC meeting indefinitely as Cardoso waits in the wings

CBN postpones September MPC meeting indefinitely as Cardoso waits in the wings

World Bank pledges to reposition Nigeria’s irrigation farming

World Bank pledges to reposition Nigeria’s irrigation farming

Ukraine plans to fight hunger in Africa despite the dangerous transport routes

Ukraine plans to fight hunger in Africa despite the dangerous transport routes

FBRA, Lagos Govt host 'Trash Talk’ summit to treat packaging waste pollution

FBRA, Lagos Govt host 'Trash Talk’ summit to treat packaging waste pollution

Moniepoint records $12bn monthly transaction value, expands services

Moniepoint records $12bn monthly transaction value, expands services

The World Bank has warned that Nigeria may bear some of the brunt of the Niger coup

The World Bank has warned that Nigeria may bear some of the brunt of the Niger coup

Top 10 African cities with the least affordable housing

Top 10 African cities with the least affordable housing

Marketing Edge rewards Infinix with excellence in mobile gaming awards

Marketing Edge rewards Infinix with excellence in mobile gaming awards

Foreign airlines' trapped funds in Nigeria now $783 million - IATA

Foreign airlines' trapped funds in Nigeria now $783 million - IATA

ADVERTISEMENT
ADVERTISEMENT