Naira and Dollar Closes at N418.88/$1 at the Investors and Exporters window

The exchange rate between the naira and the US dollar closed at N418.88/$1 at the Investors and Exporters window.

Naira depreciated marginally against the US dollar on Thursday, falling by 0.21% to close at N418.88/$1 compared to N418/$1 recorded as of the close of trading activities on Wednesday.

Notably, forex turnover increased by 45.35% to $157.46 million from $108.33 million that exchanged hands in the previous trading session.