Breaking: Naira bounces back slightly against dollar

The naira on Monday exchanged at N446 to the dollar at the Investors and Exporters window in Lagos, Southwest Nigeria.

The figure represented an appreciation by 0.11 per cent, compared with the N446.50 it exchanged at the close of business on Dec. 9.

The open indicative rate closed at N445.20 to the dollar on Monday.

An exchange rate of N450 to the dollar was the highest rate recorded within the day’s trading before it settled at N446.

The naira sold for as low as N435.50 to the dollar within the day’s trading.

A total of N78.08 million was traded at the official Investors and Exporters window on Monday. 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