Currencies
Nigeria's daily parallel market exchange rate tracker
Does Nigeria really need CBN’s e-Naira?
The Central Bank of Nigeria (CBN) has stated that it plans to launch the pilot scheme of its Central Bank...
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Naira hits a new record of N530/$ at black market as demand pressure worsensÂ
Thursday, 2nd September 2021:  The exchange rate between the naira and the US dollar closed at N411.67/$1 at the Investors and Exporters window,...
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Naira falls to new record low at parallel market despite increase in forex liquidity
Wednesday, 1st September 2021:  The exchange rate between the naira and the US dollar closed at N411.50/$1 at the Investors and...
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What you should know about Bitt Inc, CBN’s digital currency partner
On Monday, August 30th the Central Bank of Nigeria announced it had selected Bitt as the technical partner for its...
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Naira gains at forex markets as external reserves increase by $533 million in 4 days
Tuesday, 31st August 2021:  The exchange rate between the naira and the US dollar closed at N411.08/$1 at the Investors and...
Read moreDetailsCBN set to launch digital currency, appoints technical partner for project
The Central Bank of Nigeria (CBN) has intensified its efforts towards the introduction of a digital currency as it has...
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CBN directs banks to publish names of foreign exchange defaulters
All commercial banks have been ordered by the Central Bank of Nigeria (CBN) to publish on their websites, the names...
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Exclusive: Digital Currency partner, Bitt Inc to register in Nigeria, CBN to own stake
Nigeria’s Central Bank plans to own a stake in Bitt Inc., the preferred partner helping the apex bank implement its...
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Naira falls to record low at black market as dollar supply drops significantly by 62%
Monday, 30th August 2021:  The exchange rate between the naira and the US dollar closed at N411.63/$1 at the Investors and...
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CBN partners global fintech company for e-Naira
The Central Bank of Nigeria (CBN) has announced that Bitt Inc., an international fintech firm, has been appointed as the...
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