Currencies
Nigeria's daily parallel market exchange rate tracker
Naira stabilizes across forex markets despite drop in dollar supply
The Naira’s exchange rate at the NAFEX window remained stable against the dollar to close at N394/$1.
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Naira appreciates in forex markets as CBN intervenes with record dollar supply
The Naira appreciated marginally against the dollar, closing at N475/$1 at the parallel market.
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Naira gains again across forex markets as dollar supply rises significantly
The Naira appreciated against the dollar, closing at N476/$1 at the parallel market on Thursday,
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Naira gains across forex markets as banks start payment of remittances in dollars
At the black market, the Naira appreciated against the dollar to close at N478/$1 on Wednesday.
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Dollar Addiction: Nigerians spend over $35 billion on travel allowances
Nigerians spend over $7 billion annually on education, health, and personal travel.
Read moreDetailsNaira weakened at black market as external reserve loses $452 million in a month
The Naira depreciated marginally against the dollar, closing at N483/$1 at the parallel market on Tuesday, December 8.
Read moreDetailsNaira 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.
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