Connect with us


Naira loses, exchanges at N773.42 at investors, exporters window



The naira depreciated against the dollar on Wednesday as it exchanged at N773.42 at the Investors and Exporters window.

It lost by 0.35 per cent compared with N770.72 for which it exchanged for the dollar on Tuesday.

The open indicative rate closed at N781.49 to the dollar on Wednesday.

A spot exchange rate of N799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at N773.42.

The naira sold for as low as N738 to the dollar within the day’s trading.

A total of 169.07 million dollar was traded at the investors and exporters window on Wednesday.


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.



Shell Digital Plan RESPONSIVE600x750
Shell Digital Plan RESPONSIVE600x750