Currencies
Nigeria's daily parallel market exchange rate tracker
CBN launches countdown clock showing days left till new naira notes
In October, the apex bank announced that it would redesign the N200, N500, and N1,000 notes.
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Does this data confirm CBN is to blame for increase in currency outside banks?
The total amount of currency outside of Nigerian banks rose by N1 trillion to a whopping N2.8 trillion as of...
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Nigeria’s external reserve falls to one year low
Nigeria's external reserve fell to $37.17 billion as of 15th of November 2022, data from the central bank of Nigeria...
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CBN’s official rate punishes local producers and subsidizes foreign producers – Expert 
He said a strong naira would discourage local producers
Read moreDetailsSenate backs CBN on redesign of naira notes
The lawmakers also questioned the impacts the redesign will have on the economy and residents living in rural areas
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EFCC nabs alleged currency speculator in Abuja
The arrest was made as part of effort to sanitise the foreign exchange market
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Cement companies report widespread foreign exchange losses
Three cement companies recorded N78.6 billion in foreign exchange losses between January and September 2022
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Peter Obi plans to float the naira and combat inflation
Nigeria’s food inflation has risen by 23.72% on a year-on-year basis
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Nigerians lament that prices are still high despite naira gains
Now that the exchange rate has appreciated, prices are not falling as quickly, resulting in what is known as price...
Read moreDetailsWhy naira is gaining at the black marketÂ
 The naira has gained over N200 against the US dollar in the last five days.Â
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