Currencies
Nigeria's daily parallel market exchange rate tracker
Naira drops further at the black market despite appreciating at I&E window
The rise in demand and contrasting drop in supply has called for another round of devaluation...
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Business leaders talk on CBN unification of the Naira
Business leaders have given their opinions on CBN's plan to unify the exchange rate of the Naira.
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Forex: U.S dollar gains strength, global geopolitical climate worsens
The American dollar continues to attract global investors and currency traders.
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Naira falls against the dollar across all forex markets as liquidity drop by 84%
Forex turnover dropped from $90.88 million on Wednesday, June 24, 2020, to $14.68 million on Thursday, June 25, 2020, representing a decline of 83.8%
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Naira unification may lead to losses for black market speculators
Naira unification around NAFEX could burn the fingers of speculators.
Read moreDetailsNaira recovers sharply at black market but falls at I&E forex window
Forex turnover at the Investor and Exporters (I&E) window on Wednesday, June 24, 2020, stayed relatively flat when compared to the day before. This...
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ABCON President explains why there is forex crisis, lists sources of forex for BDCs
Gwadebe said that the pandemic caused supply disruptions as the price of crude oil went down.
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Naira falls big at the black market as demand pressure persists
Uncertainty of the market remains, particularly due to liquidity shortages across markets.
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CBN Governor confirms exchange rate unification plans
He revealed the unification will also be around the NAFEX rate.
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Naira gains against the dollar at I&E window, forex liquidity up by 66%
Forex turnover rose to $63.44 million on Monday representing a 66.42% increase day on day.
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