Naira weakens slightly against dollar, trading at 445.83

The naira on Thursday exchanged at 445.83 to the dollar at the Investors and Exporters window, a depreciation of 0.12 percent compared with the 445.30 it exchanged on Wednesday.

The open-market indicative rate closed at N444.60 to the dollar on Thursday.

An exchange rate of N447 to the dollar was the highest rate recorded during the day's trading before it settled at N445.83.

The naira sold for as little as 422 to the dollar within the day's trading.

A total of N99.50 million was traded at the official Investors and Exporters window on Thursday.