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Monday, May 18, 2026

Naira Falls By 0.66% Against Dollar

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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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 when compared with N765.13 for 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.

A total of 125.47 million dollars was traded at the official investors and exporters window on Friday.

(NAN)

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