Wednesday, August 13, 2025

The Truth Banishes Fear!

Menu
  • June 24, 2023

Naira Ends week on Negative Note, Falls By 0.66%

Hamilton Nwosa
Writer
Naira Depreciates As External Reserves Drops To $36.116 Billion

Ad

National Oil Companies Lead Aggressive Refining Growth

Global refining is at a crossroads, as shifting regional demand, mounting sustainability pressures and heightened energy security concerns reshape the industry. Rystad Energy’s research shows that even though there are fewer refineries today, overall refining capacity has grown to keep up with the rising volume of oil that needs processing. In the last two decades,…

August 13, 2025 • News

Tinubu to Jet out for TICAD9 in Japan, State Visit in Brazil

By Abiola Olawale President Bola Ahmed Tinubu is set to embark on a two-nation diplomatic visit to Japan and Brazil, starting Thursday, August 14, with a stopover in Dubai, United Arab Emirates. This development was made known in a press statement issued by the presidency on Wednesday. According to the statement, the President's foreign trip…

August 13, 2025 • Headline

Edo Central Rallies Behind Joe Ikpea for Edo Central Senatorial By-Election

By Abiola Olawale  The electorates of Edo Central including Uromi in the Edo Central Senatorial district of Edo State have declared their support for Hon. Joe Ikpea, the Senatorial candidate of the All Progressives Congress (APC), as the Senatorial by-election approaches this Saturday, August 16, 2025. This is as many of the electorates declared that…

August 13, 2025 • News

Ad

By Agency Report 

The Naira on Friday closed on a negative note as it exchanged for N770.17 against the dollar at the investors’ and exporters’ window.

The naira depreciated by 0.66 per cent compared with N765.13, which it exchanged for the dollar on Thursday.

The open indicative rate closed at N759.13 to the dollar on Friday.

An exchange rate of N801 to the dollar was the highest rate recorded within the day’s trading before it settled at N770.17.

The naira sold for as low as 461.10 to the dollar within the day’s trading.

On Friday, 125.47 million dollars were traded at the official investors’ and exporters’ window. (NAN)

 

Ad

X whatsapp