Economy

UPDATED: Naira crashes again at Investors, Exporters window

Naira, the Nigerian currency on Friday depreciated against the dollar at the Investors and Exporters window, exchanging at N429.

The figure represented an increase of 0.66 per cent compared with the N426.20 it exchanged for the dollar on Thursday.

The open indicative rate closed at N428.10 to the dollar on Friday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N429.

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

A total of 59.59 million dollars was traded in foreign exchange at the official Investors and Exporters’ window on Friday. CONTINUE READING………

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Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. -Phone Number: +2349058501092, +2348137827714 -Email: akanjiphilips100@gmail.com