By NAN 15 February 2023 | 2:27 pm The Naira on Tuesday was exchanged at N461. 67 to the dollar at the Investors and Exporters window. FILE PHOTO: A packet of U.S. five-dollar bills. REUTERS/Gary Cameron The Naira on Tuesday was exchanged at N461. 67 to the dollar at the Investors and Exporters window. The figure represented a depreciation of 0.15 per cent, compared to the N461 exchange rate on Monday. The open indicative rate closed at N461.25 to the US dollar on Tuesday. An exchange rate of N462.50 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.67. It was sold for as low as N446 to a dollar within the day’s trading. A total of US$ 68.85 million was traded at the official Investors and Exporters window on Tuesday. Latest 1 hour ago Syrian President Bashar al-Assad on Wednesday welcomed “any positive stance” from Arab nations, including many that severed ties with Damascus since the outbreak of its civil war. 1 hour ago The Independent National Electoral Commission (INEC) has reaffirmed its readiness to conduct the credible, free and fair elections on Feb. 25 in Imo, in spite of the violence in the state. 1 hour ago Despite being the main contributor to GDP on the African continent, the informal sector remains financially underserved due to a lack of transparency in its transaction activities. Though the sheer size of the market (14 million – 100 million traders on the continent as of 2022) remains attractive to investors and start-ups alike, not many… 1 hour ago A Federal High Court in Lagos on Wednesday admitted a Nollywood actress, Oluwadarasimi Omoseyin, charged with alleged tampering and spraying of the redesigned Naira notes to N5 million bail. 1 hour ago Inflation in South Africa slowed for a third consecutive month in January, dipping below seven percent after hitting a 13-year peak last year, data showed Wednesday.
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