Currencies
Nigeria's daily parallel market exchange rate tracker
Naira records marginal gain as $95.17 million exchange hands at official market
The exchange rate between the naira and the US dollar closed at N416/$1 at the Investors and Exporters (I&E) window.
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After 10 quarters of consecutive deficits, Nigeria’s current account hits $3.68 billion
Nigeria’s balance of payment account has hit a surplus of $3.68 billion in the third quarter of 2021.
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Naira retracts as exchange rate falls at official and P2P markets
The exchange rate between the naira and the US dollar closed at N416.67/$1 at the Investors and Exporters (I&E) window.
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CBN’s current FX regime, an obstacle to its $200 billion in FX repatriation – CPPE
The CPPE has stated that the CBN's current forex regime would be an obstacle to its goal of $200 billion...
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Exchange rate weakens at P2P market as oil price edges towards $100
The exchange rate between the naira and the US dollar closed at N416/$1 at the Investors and Exporters (I&E) window.
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IMF says eNaira and other CBDCs are better than Bitcoin, altcoins
The IMF suggests central bank digital currencies (CBDCs) like eNaira are a better bet than cryptocurrencies including Bitcoins and other...
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Experts paint grim picture of what could happen if CBN stops sale of forex to banks
Experts explore the possibility of what could happen if the CBN stopped the sale of dollars to banks.
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Kenya set to adopt digital currency
The Central Bank of Kenya is currently considering the adoption of digital currency in the country.
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We are not stopping sale of FX to banks – CBN official
A senior executive at the CBN has stated that the apex bank has no immediate plans to ban sale of...
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Naira weakens at I&E window as $109.8 million exchange hands
The exchange rate between the naira and the US dollar closed at N416.67/$1 at the Investors and Exporters (I&E) window,...
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