Currencies
Nigeria's daily parallel market exchange rate tracker
Naira falls again at black market as dollar supply drops by 54% despite demand pressure
The Naira depreciated against the dollar, closing at N482/$1 at the parallel market on Monday, December 7, 2020.
Read moreDetailsNaira stabilizes at NAFEX window as dollar supply improves significantly
The naira remained stable against the dollar at NAFEX to close at N395/$1 during intra-day trading on Friday.
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CBN Governor discloses why they amended procedures for receipt of diaspora remittances
The CBN Governor has disclosed the reason the apex bank amended the procedures for receipt of diaspora remittances into the...
Read moreDetailsCBN expects $24bn annual diaspora remittances – Emefiele
The CBN has stated that it is expecting an estimated $24 billion annually from diaspora remittances.
Read moreDetailsNaira gains big at black market as CBN targets $2 billion monthly from IMTO
The naira appreciated against the dollar to close at N470/$1 on Thursday at the black market.
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CBN latest policy on diaspora remittance kicks off tomorrow
CBN's latest policy on receipt and administration of diaspora remittances into Nigeria is set to kick off tomorrow.
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Naira rebounds at black market as CBN moves against illegal activities of currency traders
The Naira appreciated against the dollar, closing at N485/$1 at the parallel market on Wednesday, December 2.
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New CBN Circular: CBN confirms only Banks can pay IMTO dollars
CBN issues update on how dollar transfers from friends and family living abroad should be paid
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U.S dollar drops, nears two and a half years low
The U.S. Dollar Index traders use in tracking the greenback's relative strength against a basket of other major currencies dipped...
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Naira gains big at black market as CBN’s new policy improves dollar supply
Forex turnover rose significantly by 379.6%, as the Naira’s exchange rate at the NAFEX window depreciated against the dollar to close...
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