Currencies
Nigeria's daily parallel market exchange rate tracker
Exchange rate depreciates at the black market as ABCON threatens street trading clampdown
Naira depreciated against the US dollar on Thursday at the parallel market to close at N499 to a dollar.
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BDC operators move to crash exchange rate, ban street hawking of dollars
Hoarders are creating an artificial scarcity of the greenback within the market to cause more woes for the local currency.
Read moreDetailsNaira gains at I&E window as foreign reserve falls to 1 year low
The exchange rate remained stable at the parallel market, as it closed at N498/$1 on Wednesday.
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Chinese government set to launch Digital Yuan lottery as part of digital currency trial
The Chinese government is set to launch another digital Yuan lottery to help its ongoing digital currency trials, happening in...
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Official data reveals massive shortage of forex inflows via the CBN in 2020
A total of $43 billion flowed out of the CBN in foreign currencies as remittances faltered all through.
Read moreDetailsNaira falls at parallel market, as expert predicts Bitcoin could drop to $26k
Naira remained stable against the US dollar at the Investors and Exporters window on Tuesday, 1st June 2021 to close...
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Exchange rate remains stable across forex markets as crude oil price hits $70
Naira remained stable against the US dollar at the Investors and Exporters window on Monday to close at N412/$1.
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Exchange rate falls at the NAFEX window as Nigeria’s external reserve dips $1 billion
The naira depreciated against the US dollar on Friday at the official NAFEX window to close at N412 to a...
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Naira crashes to N495/$1 at black market as external reserve loses about $1 billion in 6 weeks
The Naira hit an almost three-and-a-half-year low, as it depreciated at the parallel market, closing at N495/$1 on Thursday, May...
Read moreDetailsNaira depreciates at black market as it nears N500/$1 after CBN devaluation
The Naira depreciated at the parallel market, closing at N493/$1 on Wednesday, May 26, 2021.
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