Currencies
Nigeria's daily parallel market exchange rate tracker
eNaira would boost diaspora remittance flows – CBN
The Central Bank of Nigeria (CBN) has stated that the eNaira would ultimately boost remittance inflow to the country. The...
CBN says eNaira will be available to Nigerians without internet-enabled phones
Nigerians without internet-enabled phones will be able to use the eNaira, according to the Central Bank of Nigeria. The CBN...
Finance Ministry working with CBN to reduce gap between official and unofficial dollar rates – Minister
Mrs Zainab Ahmed, Nigeria's Minister of Finance, Budget, and National Planning, has stated that the ministry is collaborating with the...
Exchange rate gains at official market as forex turnover rises by 165.8%
Friday, 15th October 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, at the Investors...
Dangote refinery will save Nigeria up to 30% of FX spent on imports – Emefiele
The Central Bank Governor, Godwin Emefiele has stated that Nigeria's import of petroleum products using 30% of its forex can...
Naira crashes to record N422.07/$1 at official market as dollar supply drops by 54%
Thursday, 14th October 2021: The exchange rate between the naira and the US dollar closed at N422.07/$1, at the Investors and...
Access Bank creates dollar debit card to access forex outside Nigeria
Access Bank has created dollar debit cards that customers can use in accessing foreign exchange outside the country. This is...
Naira falls to N415/$1 at official market as Vice President expressed concerns over forex policy
Wednesday, 13th October 2021: The exchange rate between the naira and the US dollar closed at N415.10/$1, at the Investors and...
ABCON states how CBN can stop naira depreciation
Currency traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have advocated some measures...
CBN orders banks to apply I&E rates to PAPSS Transactions
The Central Bank of Nigeria, CBN, has ordered banks to apply exchange rates in the Investors and Exporters (I&E) window...
