Currencies
Nigeria's daily parallel market exchange rate tracker
Naira under threat as US FED announces tapering
....We explain why this could lead to another exchange rate adjustment and the inherent opportunities. So the Federal Reserve Bank...
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Nigeria’s foreign reserve maintains bullish pace with gains of over $5 billion in October, 2021
Nigeria's foreign (external) reserve rose in the immediate past month of October, recording a boost of $5,037,825,197 as at 29th...
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Nigerian banks may stop accepting old £20 and £50 notes by end of 2021
Nigerian deposit money banks would stop the acceptance of the old £20 and £50 notes as the legal tender status...
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Exchange rate appreciates at official window as crude oil price retreats
Wednesday, 3rd November 2021: The exchange rate between the naira and the US dollar closed at N414.8/$1, at the official...
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CBN says eNaira is more reliable than cryptocurrency
The Central Bank of Nigeria (CBN) has urged all Nigerians to embrace the eNaira saying that it is more reliable...
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Naira depreciates at official market as dollar liquidity slumps to lowest in 2 months
Tuesday, 2nd November 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, at the official...
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Bitt Inc discloses plan to roll out new eNaira app for unbanked Nigerians
The Central Bank of Nigeria's technical partner, Bitt inc, has announced plans to roll out a new mobile application that...
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Naira gains at official FX market as foreign reserve records first decline in over 2 months
Monday, 1st November 2021: The exchange rate between the naira and the US dollar closed at N414.98/$1, at the official...
Read moreDetailsNaira closes flat at official window despite significant drop in dollar supply
Friday, 29th October 2021: The exchange rate between the naira and the US dollar closed at N415.1/$1, at the Investors...
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Naira depreciates at official market despite 79% improvement in forex liquidity
Thursday, 28th October 2021: The exchange rate between the naira and the US dollar closed at N415.10/$1 at the Investors...
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