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Naira depreciates, sells at N419.50 to dollar

Ola Simeon by Ola Simeon
April 21, 2022
in Breaking News, Business, Economy, Money, News
0
Naira maintains stability against dollar

Naira and dollar

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The Naira exchanged at N419.50 to the dollar at the Investors and Exporters window on Thursday.

This represents a 0.28 per cent depreciation, compared to N418.33 to the dollar recorded on Wednesday.

The open indicative rate closed at N417.81 to the dollar on Thursday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.50.

The Naira sold for as low as N410 to the dollar within the day’s trading.

A total of $124.85 million was traded in foreign exchange at the official Investors and Exporters window on Thursday. 

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.