Currencies
Nigeria's daily parallel market exchange rate tracker
CBN to sanction banks, BDCs for rejecting old, smaller denomination of US dollars
The CBN cautioned forex dealers to desist from defacing or stamping dollar banknotes as such notes always failed authentication tests...
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Naira falls against US dollar as external reserves plunges
The naira depreciated against the US Dollar at the Investors and Exporters window on Tuesday to close at N410.67/$1.
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U.S dollar under pressure amid rising inflation
At press time, the U.S. dollar index, which tracks the U.S dollar strength against major currencies dropped by 0.12% to...
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Naira gains at NAFEX window as oil prices make rebound
Naira gained against the US dollar on Monday 19th April 2021 to close at N410.33/$1 as crude oil prices gained.
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Exchange rate falls at NAFEX window as Bitcoin slumps 15%
Naira depreciated against the US dollar on Friday 16th April 2021 to close at N411 to a dollar as bitcoin...
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Naira remains stable across forex market as dollar supply improves significantly by 430%
Naira remained stable against the US Dollar at the NAFEX window on Thursday to close at N410.50/$1.
Read moreDetailsNaira appreciates at NAFEX as CBN sells forex to foreign investors, first in 2021
Naira appreciated against the US Dollar at the NAFEX window on Wednesday to close at N410.50/$1.
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Naira falls at NAFEX window as Bitcoin rises above $63,000, an all-time record high
Naira depreciated against the US Dollar at the NAFEX window on Tuesday to close at N411/$1.
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Naira gains at black market as external reserves increases by $620 million in 2 weeks
The opening indicative rate closed at N410.88 to a dollar on Monday.
Read moreDetailsNaira appreciates at NAFEX as Nigeria’s external reserve is set to get a boost
Naira gained against the US Dollar at the NAFEX window on Friday to close at N409/$1.
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