Currencies
Nigeria's daily parallel market exchange rate tracker
Naira depreciates at NAFEX as market forex turnover falls to lowest in over 6 weeks
Total turnover for the week was $136.9 million, one of the lowest in weeks.
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MTN Nigeria, IHS ditch CBN rate for NAFEX in revised tower agreement
By agreeing to NAFEX rate for its tower deal, MTN hopes to offset the cost via price increase.
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Exchange rate sells for N391/$1 at NAFEX as dollars remain in short supply
The exchange rate at the parallel market was unchanged for the third consecutive day.
Read moreDetailsNaira remains stable at the forex market as NAFEX market turnover drop by 59%Â
At the black market where forex is traded unofficially, the Naira remained stable closing at N472.
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U.S dollar sheds some gains, stimulus measures weaken the greenback
The U.S. Dollar Index dropped by 0.02% to trade at 95.090 at the time of this report.
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Turnover at NAFEX market drops by 23% as exchange rate disparity rises to N84
The exchange rate disparity between NAFEX rate and back market rate widened by a whopping N84.
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Dollar scarcity worsens as exchange rate falls to N472/$1 at black market 
The exchange rate disparity between the official and back market rate widened on Monday.
Read moreDetailsForex turnover at NAFEX hit $1.6 billion since June 2020
Forex turnover at the FMDQOTC has averaged $47 million dollars over the last 32 days.
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Naira depreciates for third consecutive day at I&E window
Forex turnover dropped by 63.7% while the exchange rate depreciated for a third consecutive trading day.
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Naira depreciates as dollar sales top $100m a day at I&E window
The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Thursday.
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