fx

Posted on July 20, 2016 by Nairametrics

NIGERIA: Parallel Market Exchange Rate (Updated 20/07/2016)

Nigeria’s Parallel Market Exchange rate is a daily compilation of the price of the Naira against three major currencies in the black market. This tracker dates to the first day the Naira was floated. Data is collated from various parallel market dealers on the Mainland and Island of Lagos State. The price quoted daily represents Read More

Posted on July 19, 2016 by Nairametrics

NIGERIA: Parallel Market Exchange Rate (Updated 19/07/2016)

Nigeria’s Parallel Market Exchange rate is a daily compilation of the price of the Naira against three major currencies in the black market. This tracker dates to the first day the Naira was floated. Data is collated from various parallel market dealers on the Mainland and Island of Lagos State. The price quoted daily represents Read More

Posted on June 15, 2016 by Nairametrics

It’s Official: CBN Floats The Naira, The Implications For You And I

The Central Bank Governor has just announced a full float of the Naira in a press conference in Abuja. The CBN Governor informed a stunned audience that the exchange rate will be market determined and that the CBN will also participate in the market occasionally. The CBN also maintained that the 41 items banned last Read More

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