Currencies

Naira falls as weak Dollar fails to lift currency

August 6, 2025

Naira weakens to N1,565/$1 on parallel market, widest gap with official rate in over one week

August 5, 2025

Naira opens at N1560/$, dollar stable after Friday’s crash

August 4, 2025

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Currencies

Nigeria's daily parallel market exchange rate tracker

Naira closes at a record low of N409/$1 at NAFEX

Naira falls sharply at official window despite rise in FX liquidity

May 13, 2022

The exchange rate between the naira and the US dollar closed at N420/$1 at the official Investors and Exporters (I&E)...

CBN goes hard on BDC operators, issues various fines

ABCON unveils strategies to stop further naira decline, enhance exchange rate stability

by Chike Olisah

May 12, 2022

These strategies/roadmap campaign plans are needed to save the naira from further decline, bridge exchange rate gaps and curb volatility...

US inflation pushes the dollar to new highs

May 12, 2022

The US Dollar Index (DXY), which tracks the dollar against a basket of major rivals, intensified its rise and achieved...

Naira-Dollars, Exchange rate falls at black market as forex liquidity declines by 89.8%

Naira depreciates further to N607/$1 in P2P market

May 12, 2022

The exchange rate between the naira and the US dollar closed at N418.27/$1 at the official Investors and Exporters (I&E)...

Naira falls to N415/$1 at official market as Vice President expressed concerns over forex policy

Exchange rate now N602/$1 in P2P Market

May 11, 2022

The exchange rate between the naira and the US dollar closed at N418.25/$1 at the official Investors and Exporters (I&E)...

Central Bank of Nigeria, Foreign exchange market, Naira vs dollas, IMF, Foreign Reserves, External reserves, CBN, Why do we all love the dollar?

Naira hits N600/$1 at peer-to-peer market as FX supply falls at official window

May 10, 2022

The exchange rate between the naira and the US dollar closed at N419/$1 at the official Investors and Exporters (I&E)...

Explainer: How would a stronger dollar affect Nigeria’s economy?

May 9, 2022

Nairametrics took a cursory look at how the surging dollar could impact Nigeria’s economic prospects.

U.S dollar pull back some gains, Investors’ appetite for risk strengthens, Exchange rate stabilizes across forex markets as BDC window gets fresh dollar supply

Inflation concerns cause US dollar to jump 10% in 6 months

May 9, 2022

The US dollar, which is regarded as a safe haven, has grown tremendously in the last six months.

Forex crises pushes Zimbabwe to order banks to suspend lending

May 8, 2022

Zimbabwe's government has ordered banks to immediately cease lending to both the government and the private sector.

BDCs sell dollar at N592 at Nigeria’s Murtala Mohammed International Airport