Currencies

Naira gains against Euro, trades at N1,715 amid France’s crisis

October 8, 2025

Naira records first dip in over one week, closes at N1,469/$1

October 3, 2025

Naira is overvalued by 30% against the dollar – Report

October 3, 2025

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Nigeria's daily parallel market exchange rate tracker

Naira will “suffer further devaluation” – MTEF

by Research Team

June 13, 2020

With the government under pressure to earn dollars, reliance has shifted mostly towards foreign borrowing.

Forex: Dollar higher as new wave of virus causes risk aversion

by Lawretta Egba

June 12, 2020

Fears of a fresh wave of virus infection and renewed lockdown forced the dollar to edge higher.

COVID-19 could save naira from depreciating further, Many odds against the naira, Naira forwards and parallel market crash puts pressure on official exchange rate, Naira appreciates to N386.94 to $1 at investor and exporters window. , Naira set for recovery as ABCON issues guideline to members for forex sales resumption, Naira falls against the Euro, British pound sterling but gains against the U.S dollar, Naira falls at black market, dollar liquidity remains relatively low , Forex, Naira drops further at the black market despite appreciating at I&E window

Naira’s volatility remains stable at the parallel market

June 12, 2020

Nigeria's central bank, some weeks ago, resumed dollar sales to individuals and businesses with genuine needs.

dividend, MONEY, NAIRA - Nigerian Treasury Bills

Naira further strengthened at the I&E forex window, as local currency stabilizes

June 12, 2020

A cursory look at data from FMDQ shows that the turnover for the day witnessed significant drop.

Naira remains stable at the black market, Brent crude moves past $40 per barrel, Where to invest N500,000 right now, Naira crashes to new record low at black market as businesses divert export proceeds,Naira crashes to N500/$1 at black market as CBN adjusts exchange rates

Naira drops at the parallel market despite gaining at I&E forex window

June 11, 2020

The naira was strengthened on Wednesday as it appreciated to N386.94 to a dollar at the Investors and Exporters (I&E) window, after...

black market, Having so much naira wealth does not guarantee you getting dollars

5-year naira futures hit N578, dollar scarcity strengthens

June 10, 2020

Last week Nigeria’s central bank withdrew around N460 billion from Nigeria’s banking system.

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

Naira gains at the parallel market as local currency strengthens across forex markets

June 10, 2020

The naira made a rebound in the foreign exchange market as it gained against the dollar at the parallel market.

U.S dollar rises against major currencies, U.S and China’s economic data support the dollar

June 9, 2020

U.S dollar index gained 0.08% to trade at 96.6980 at 4.30 am local time as currency traders await the U.S....

Naira remains stable at the black market, Brent crude moves past $40 per barrel

June 9, 2020

The naira was strengthened as the commodity-based currency's major earnings, crude oil, remained above the $40 dollar mark

Naira drops against the dollar at I&E forex window, as market liquidity declines