Naira opens week with loss, exchanges at 436.50 to dollar

Date:

By Lydia Ngwakwe

Lagos, Sept. 12, 2022 The Naira on Monday depreciated slightly against the dollar exchanging at 436.50 at the Investors and Exporters window.

The figure represents a decrease of 0.04 per cent compared with N436.33 to the dollar before the close of business on Sept. 9.

The open indicative rate closed at N434.40 to the dollar on Monday.

An exchange rate of N437 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.50.

The Naira sold for as low as N425 to the dollar within the day’s trading.

A total of 99.78 million dollars was traded at the official Investors and Exporters window on Monday.

📌 Editor’s Note: For content partnerships and collaborations, reach out via editor@naija247news.com

Our Standards: The Naija247news Principles
Naija247news Media Group LLC is committed to ethical, independent journalism that serves the public interest. Our editorial process prioritizes accuracy, fairness, and transparency in reporting. All content is fact-checked and held to the highest standards of integrity. Learn more in our full editorial policy here.

© 2025 Naija247news Media Group LLC. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten, or redistributed in whole or in part without prior express written permission from Naija247news Media Group LLC.

Reporting by Naija247news in Lagos, Nigeria.

Naija247news
Naija247newshttps://www.naija247news.com/
Naija247news Media Group LLC Overview Naija247news Media Group LLC is an independent digital media company founded in October 2010 by journalist and media entrepreneur Godwin Okafor. Headquartered in Lagos, Nigeria, with editorial operations in New York, the company specializes in delivering timely, data-driven coverage across politics, business, the economy, governance, and international affairs. Naija247news is also an investigative news platform that tracks developments in the Nigerian economy, business, politics, finance, as well as the broader African and global economic landscape. Mission The company is committed to promoting developmental journalism and creating an enabling environment for people to interact, share opinions, and proffer solutions to the political, social, and economic challenges facing Nigeria and Africa at large. Affiliations Naija247news is a press partner to the Lagos State Government and the International Monetary Fund (IMF). It is also a member of the World Association of Newspapers and News Publishers (WAN-IFRA) and a media partner to the U.S. Embassy and Consulate in Nigeria. Digital Presence The company’s platform, Naija247news.com, is a verified publisher on Google News and Bing Publisher Center. It maintains a distinct brand identity, an uncompromising editorial legacy, and full journalistic independence. The website features AMP integration, mobile-first design, and is optimized for speed with Cloudflare.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Reno’s Factfinders: Genocide Spin, Coup Whispers and Foreign PR Mercenaries

By Yushau A. Shuaib Apart from his habitual fixation on...

Irabor’s Scars on Northern Boko Haram and the Dead Horse Theory

By Yushau A. Shuaib There are few things more dignifying...

Bayo Onanuga: Between ‘Bolekaja’ Publicity and Public Relations

By Yushau A. Shuaib I have often emphasised the thin,...