Currencies
Nigeria's daily parallel market exchange rate tracker
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...
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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...
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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...
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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...
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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...
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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...
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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...
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Naira appreciates at official market as external reserves increase by $620 million in a day
Tuesday, 12th October 2021: The exchange rate between the naira and the US dollar closed at N414.30/$1, at the Investors...
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e-Naira: CBN’s trump card to financial exclusion
After 61 years, a nation with approximately 201 million people according to the world bank, may have finally found a...
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Should the Nigerian government print more money?
Concerns about the government’s continuous borrowing have raised legitimate questions around how the Federal Government and Central Bank of Nigeria...
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