Breaking: Naira drops, weakens against the Dollar

The Nigerian currency, Naira, has weakened against the U.S. Dollar, exchanging at N461.60 to the dollar at the Investors’ and Exporters’ window.

This figure represented a decrease of 0.06 per cent compared with the N461.33 it exchanged on Tuesday.

The open indicative rate closed at N461.35 to the dollar on Wednesday.

An exchange rate of N462.01 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.60.

The Naira sold for as low as N446 to the dollar within the day’s trading.

A total of 81.95 million dollars was traded at the official Investors and Exporters window on Wednesday. CONTINUE READING……………………………….

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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

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