Currencies
Nigeria's daily parallel market exchange rate tracker
Naira falls to N1,391/$ as dollar strengthens amid global inflation concerns
The naira depreciated to N1,391/$ on Wednesday as the U.S. dollar strengthened against major global currencies.
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CBN grants international oil firms 100% access to export forex earningsÂ
The Central Bank of Nigeria (CBN) has approved the full repatriation of export proceeds by International Oil Companies (IOCs), allowing...
Read moreDetailsNaira weakens to N1,383.5/$ as external reserves drop to $49.6 billion
The Naira weakened slightly to N1,383.5/$ on Tuesday, compared to N1,383/$ recorded on Monday, amid declining external reserves and cautious...
Read moreDetailsCBN’s reforms will score a major win if Naira cracks below the N1,300/$ MarkÂ
The Naira is navigating a challenging environment characterized by both new external risks due to geopolitical tensions in the Middle...
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US dollar drops as global central banks signal rate hikes
The US dollar retreated from multi-month highs this week as rising energy prices disrupted global interest rate expectations. Â
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Naira shows strength against euro, closes at N1,556/€1
The naira extended its gains against the euro in Nigeria's foreign exchange market on Wednesday, March 18, 2026.
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Rupee record low drives RBI $100bn action as Naira hits N1,362/$Â
India’s rupee has fallen to a record low against the US dollar, prompting the Reserve Bank of India (RBI) to...
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Naira holds firm at N1,844/£1 against a resilient British pound
The Nigerian naira held around the N1850/ resistance level against the British pound at mid-week trading session Â
Read moreDetailsNaira strengthens to N1,345/$, hits highest level in one month
The naira appreciated to N1,345/$ at the official foreign exchange market on Tuesday, improving from N1,355/$ recorded on Monday. This...
Read moreDetailsNaira extends rally to N1,355/$, strongest in four weeksÂ
The naira continued its upward momentum on Monday, appreciating to N1,355/$ at the official foreign exchange market, according to Central...
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