Connect with us

Currency Swap: Naira gains against dollar

Victorious

Published

on

Follow
NAIJA NEWS: Currency Swap: Naira gains against dollar [New Naija News] » Naijacrawl
Photo: Naijacrawl

At the Investors and Exporters window on Monday, the naira was exchanged for a dollar at a rate of N461.



33.

In comparison to the N461.75 for which it was exchanged to the dollar before the close of business last Friday, the rate represented an increase of 0.09 percent.

On Monday, N461.50 to the dollar represented the open indicative rate.

Before it settled at N461.33, the highest recorded exchange rate for the day's trading was N462.31 against the dollar.

In Monday's trading, the naira was exchanged for as little as N446 to the dollar.

At the official Investors and Exporters window, transactions worth a total of 108.01 million dollars were made.

Click Here To Comment




Ojo Sunday Victor is a graduate of Ladoke Akintola University of Technology, Ogbomoso, where he earned a Bachelor's degree in Accounting (B.Sc). He is a versatile professional with expertise in content writing, specializing i... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Naija News

2023: APC Gains in Kano as LP and PDP Strong men Defect to Party

Piroll

Published

on

NAIJA NEWS: 2023: APC Gains in Kano as LP and PDP Strong men Defect to Party [New Naija News] » Naijacrawl
Photo: Naijacrawl
It was a big plus for the Kano chapter of the All Progressives Congress as the Kano Labour Party (LP) governorship candidate, Bashir Ishaq Bashir, has resigned from the LP and joined them. He declared his unalloyed loyalty and support to the All Progressives Congress (APC).Bashir, at the weekend, withdrew support from Peter Obi, the LP presidential candidate, and declared support for Asiwaju Bola Ahmed Tinubu of the APC.He also explained why he led other chieftains...
Continue Reading

Naija News

EFCC Apprehends 3 For SIM Swap Fraud In Makurdi

Piroll

Published

on

NAIJA NEWS: EFCC Apprehends 3 For SIM Swap Fraud In Makurdi [New Naija News] » Naijacrawl
Photo: Naijacrawl
The Makurdi zone of the Economic and Financial Crimes Commission (EFCC) has apprehended three people who allegedly used bank details obtained through SIM swaps and Automated Teller Machines (ATM) for fraud.This was made known through a statement from the Makurdi zonal office of the anti-graft agency, a 36-year-old security guard, Michael Damhindi; Chidi Emmanuel Aniekwe, 32, and Terhemba Iorhen, 35, were arrested at North Bank area, Makurdi.According to the stateme...
Continue Reading

Naija News

Naira Strengthens on Anticipation of More Dollar Sales by CBN

Piroll

Published

on

NAIJA NEWS: Naira Strengthens on Anticipation of More Dollar Sales by CBN [New Naija News] » Naijacrawl
Photo: Naijacrawl
The Nigerian Naira gained strength against the US Dollar on Monday, with the parallel market rate dropping from N1,130 to N1,000 by midday. This surge is attributed to forex traders anticipating another round of dollar sales to Bureau de Change (BDC) operators by the Central Bank of Nigeria (CBN) this week.The optimism follows the CBN's previous intervention last week, where they injected $15.88 million into the market at a rate of N1,101 per dollar. This move by th...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.