Currencies
Nigeria's daily parallel market exchange rate tracker
Dollar Exchange Rate: The demand and supply crossroads
If the supply of dollars from the CBN meets or exceeds the demand for Naira by importers, then the dollar...
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U.S dollar set for weekly losses, currency traders buy Euro, British Pound
Currency traders' recent moves in the money market will continue to put the U.S dollar under pressure in the short...
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Naira crashes to new low at Black market as exchange rate closes in on N500/$1
At the black market, the Naira depreciated against the dollar to close at N495/$1 on Thursday.
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Naira crashes across forex markets as CBN Governor hits at black market
At the black market, the Naira depreciated against the dollar to close at N487/$1 on Wednesday.
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Naira strengthens at forex market as CBN intervenes in the market
The Naira remained stable against the dollar to close at N483/$1 on Tuesday at the black market.
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CBN Governor alleges parallel market used for bribes and corruption
Emefiele has said that the parallel market is a tainted market where illegal foreign exchange transactions take place.
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Naira falls at NAFEX market as dollar supply drops further despite demand pressure
The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Monday, closing at N386/$1.
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ABCON warns: Forex speculators risk losing money as they push for forceful depreciation
ABCON has strongly warned foreign exchange speculators pushing for the forceful depreciation of the naira through their illegal activities.
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U.S dollar drops, Currency traders fear increasing COVID-19 caseloads
The U.S. Dollar Index, which monitors the greenback's strength against a basket of major currencies dropped 0.14% to trade at...
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Naira crashes to new record low at black market as businesses divert export proceeds
The naira hit another new low as it depreciated again against the dollar, closing at N484/$1 at the parallel market.
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