Currencies
Nigeria's daily parallel market exchange rate tracker
Naira depreciates by 13.9% in one week at I&E Window
The exchange rate between the naira and the dollar depreciated by 13.91% in the first full week of the implementation...
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CBN sells $29.5 million via auction, settles for N765/$1 band
The Central Bank of Nigeria sold $29.5 million via an auction at the interbank window on Thursday the 22nd of...
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Nigerian naira weakens against US dollar, trades at N772/$1 on June 22, 2023
Nigerian naira weakens against US dollar, trades at N772/$1 on June 22, 2023.
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Exchange rate sells for as high as N815/$1 at I&E Window
The exchange rate between the naira and dollar sold for an intra-day high of N815/$1 at the official Investor &...
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Banks send emails to customers ‘no more forex at CBN rates’
These notifications, sent via email, contain crucial information regarding the determination of exchange rates, emphasizing that the central bank no...
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I&E Window records $788 million turnover one week after currency unificationÂ
A total of $788 million has been recorded as cumulative turnover in the official Investor & Exporter window, a week...
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A breather for banks and domiciliary account holders
The recent directives issued by the Central Bank of Nigeria (CBN) has provide further guidance to Deposit Money Banks (DMBs)...
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Airtel Africa says new FX rules will alleviate dollar access challenges
Airtel Africa welcomes the changes to the Nigerian foreign exchange market, which it believes will help to alleviate the challenges...
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Exchange Rate disparity between Official and Black Market Rates closes for first time since 2018
Exchange rate disparity closed between Official and Parallel Market rates even as official rate fell to as low as N799/$1...
Read moreDetailsCBN lifts cash deposit restriction on domiciliary accounts, allows $10k withdrawals daily
The Central Bank of Nigeria (CBN) issued further guidance to Deposit Money Banks (DMBs) regarding operational changes to the foreign...
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