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Naira gains by 0.24% at Investors and Exporters window

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After a two-day interruption, the Naira returned stronger as it appreciated by 0.24 per cent or N1 against the green back at the Investors and Exporters Window on Friday.

The Naira exchanged at N419 to the dollar, compared with the N420 it traded on Thurday.

The open indicative rate closed at N417.70 to the dollar on Friday.

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.

The Naira sold for as low as 412 to the dollar within the day’s trading.

A total of 169.38 million dollars was traded in foreign exchange at the official Investors and Exporters window on Friday.

Lydia Ngwakwe

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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