Currencies

Non-bank corporates outshine FPIs as FX inflows surge 24% in July 2025

August 22, 2025

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Nigeria’s FX reserves soar to $41 billion, hitting 44-month high

August 21, 2025

Naira begins week lower at N1,533.67/$, defying improved market outlook

August 19, 2025

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Currencies

Nigeria's daily parallel market exchange rate tracker

The Nigerian economy is increasingly dollarized but there is a way-out

Jitters as forex turnover falls to lowest in 3 months

February 7, 2022

Friday, 4th February 2022: The exchange rate between the naira and the US dollar closed at N416.33/$1 at the official...

US dollar soar, euro near three-week high, inflation data on tap

by Olumide Adesina

February 7, 2022

The dollar was up, while the euro was near a three-week high in London's Monday trading session.

Naira falls at P2P market as FX liquidity improves to $162.7 million at I&E window

February 4, 2022

Naira appreciated marginally against the US dollar on Thursday with a 0.04% gain to close at N416.07/$1.

forex, Naira appreciates at black market as forex liquidity is boosted with huge dollar supply

Naira gains at P2P market as Nigeria’s external reserve dips further

February 3, 2022

Wednesday, 2nd February 2022: The exchange rate between the naira and the US dollar closed at N416.25/$1 at the official...

Non-oil exporters lose N78bn to forex policy

Naira remains stable across FX markets as foreign reserve dips $481.4 million in January 2022

February 2, 2022

Tuesday, 1st February 2022: The exchange rate between the naira and the US dollar closed at N415.75/$1 at the official...

Forex turnover at I&E window falls by 51% to $2.18 billion in January 2022

Nigeria recorded forex turnover of $2.18 billion at the Investors and Exporters window.

India plans to launch its CBDC like eNaira and proposes 30% tax on cryptocurrencies, NFTs

by Ubah Jeremiah Ifeanyi

After Nigeria launched its digital currency, more countries have ramped up efforts to join the CBDC community. Now, India’s central...

CBN intervention policies push currency in circulation to highest level in history

Nigeria's currency in circulation increased by 39.4% in the year compared to N2.91 trillion recorded as of the end of...

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

Naira gains at I&E window, appreciates to its highest level year-to-date

Monday, 31st January 2022: The exchange rate between the naira and the US dollar closed at N415.33/$1 at the Investors...

Inflation rate, LDR: Growing the real sector by fiat?, Rapid increase in food prices temporary – Emefiele, CBN and other industry stakeholders establish N1 billion Bankers’ Charitable Endowment Fund , How the CBN’s OMO restriction is affecting the market , Nigerian economy to grow by 2.38% in Q4 - CBN, New CBN report shows Nigerians will reduce consumption of luxury items, Banks violating CBN’s directive on N50 charge on accounts, send contradictory messages, What is on Godwin Emefiele’s mind?, These CBN policies are contradictory and stifling on banks, What you need to know as Banks rebrand CBN intervention funds to woo borrowers, CBN extends timeframe for submission of audited financial statements by other financial institutions, CBN to launch Tertiary Institutions’ Entrepreneurship Scheme, CBN tackles cybersecurity threats as it issues guidelines for OFIs, Emefiele says CBN is leading Nigeria’s economic diversification as country now exports rice

CBN plans to unveil new FX bidding regime

by Ubah Jeremiah Ifeanyi