Currencies

Naira appreciates to N1,458/$1, strongest in performance since 2024

October 11, 2025

BDCs explain why Naira had a bountiful September

October 9, 2025

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

October 8, 2025

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Currencies

Nigeria's daily parallel market exchange rate tracker

Central Bank of Nigeria, Foreign exchange market, Naira vs dollas, IMF, Foreign Reserves, External reserves, CBN, Why do we all love the dollar?

Naira hits N600/$1 at peer-to-peer market as FX supply falls at official window

May 10, 2022

The exchange rate between the naira and the US dollar closed at N419/$1 at the official Investors and Exporters (I&E)...

Explainer: How would a stronger dollar affect Nigeria’s economy?

May 9, 2022

Nairametrics took a cursory look at how the surging dollar could impact Nigeria’s economic prospects.

U.S dollar pull back some gains, Investors’ appetite for risk strengthens, Exchange rate stabilizes across forex markets as BDC window gets fresh dollar supply

Inflation concerns cause US dollar to jump 10% in 6 months

May 9, 2022

The US dollar, which is regarded as a safe haven, has grown tremendously in the last six months.

Forex crises pushes Zimbabwe to order banks to suspend lending

May 8, 2022

Zimbabwe's government has ordered banks to immediately cease lending to both the government and the private sector.

Naira-Dollars, Exchange rate falls at black market as forex liquidity declines by 89.8%

BDCs sell dollar at N592 at Nigeria’s Murtala Mohammed International Airport

May 8, 2022

The exchange rate at various BDCs located within Nigeria's Murtala Mohammed International Airport sold at about N592/$1 for travelers looking...

IMF reveals steps it can take to help with success of eNaira

CBN says eNaira’s next update would support DSTV, Air travel and USSD transactions

May 6, 2022

CBN has announced that the eNaira's next update would support DSTV renewals, recharge card purchases, air travel ticket payments, among...

Ruble’s success against western sanctions prompts Russia’s interest rate reduction to 14%

Amid EU’s proposed Russian oil ban, ruble gains 11% against the dollar and euro within a week

May 6, 2022

The Russian ruble has shown extraordinary resilience despite the European Union' proposed embargo on Russian oil.

Exchange rate trades for intra-day high N791/$1 at official market

Naira weakens at official market as dollar supply falls to $108 million

May 6, 2022

The exchange rate between the naira and the US dollar closed at N419/$1 at the Investors and Exporters (I&E) window,...

Bank of England increases interest rate to the highest since 2009

May 5, 2022

The Bank of England boosted interest rates to 1%, the highest level since 2009, to combat rising inflation.

Naira closes at a record low of N409/$1 at NAFEX

Naira hits N592/$1 at the P2P market