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Business News of Wednesday, 1 March 2023


Naira remains firm, exchanges N462 to dollar

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The Naira on Tuesday remained unchanged, exchanging at N462 to the dollar at the Investors and Exporters window.

The local currency did not change from its value on Monday.

An exchange rate of N462.50 to the dollar was the highest rate recorded within the day’s trading before it settled at N462.

The Naira, also sold for as low as N446 to the dollar within the day’s trading.

A total of 48.09 million dollars was traded at the official Investors and Exporters window on Tuesday.