Currencies

Nigeria's daily parallel market exchange rate tracker

Dollar, 10 ways to save and make more investments

Currencies

U.S dollar keeps rising against Euro, British pound sterling

by Olumide Adesina

January 29, 2021

The U.S dollar index is on track for a 0.5% weekly gain following record-buying at the start of the week

Naira falls across forex markets as businesses resume after public holidays

Currencies

Naira falls at NAFEX window, report suggests CBN is expected to devalue naira by 10%

by Chike Olisah

January 29, 2021

The exchange rate between the naira and the dollar depreciated closing at N394.33/$1 at the NAFEX.

Dollar, Exchange rate, FOREX, NAFEX market turnover drop by 59%, Naira crashes to N470/$1 as currency uncertainty worsens

Currencies

Naira gains at black market as external reserves improves on higher oil prices

by Chike Olisah

January 28, 2021

The exchange rate at the black market where forex traded unofficially appreciated at N478/$1.

Business

CBN appoints 3 Pre-Shipment Inspection and 2 Monitoring Agents for non-oil exports

by Chike Olisah

January 27, 2021

The CBN has announced the appointment of 3 PIAs and 2 Monitoring/Evaluation Agents for non-oil exports.

Currencies

Naira falls to N480/$1 at black market as CBN recognizes forex pressures is weakening the economy

by Chike Olisah

January 27, 2021

The exchange rate at the black market where forex traded unofficially depreciated at N480/$1 on Tuesday, January 26, 2021.

Central Bank of Nigeria, Foreign exchange market, Naira vs dollas, IMF, Foreign Reserves, External reserves, CBN, Why do we all love the dollar?

Currencies

Naira falls at NAFEX window as dollar supply continues to decline

by Chike Olisah

January 26, 2021

The exchange rate between the naira and the dollar depreciated closing at N394.50/$1 at the NAFEX Window.

Currencies

Naira falls across forex markets as CBN moves against IMTOs

by Chike Olisah

January 25, 2021

The exchange rate at the black market where forex traded unofficially depreciated at N477/$1.

CBN to restrict foreign exchange on more food imports

Currencies

CBN to prevent exporters with unrepatriated export proceeds from banking services

by Chidi Emenike

January 23, 2021

From January 31, 2021, the CBN will bar exporters who fail to repatriate export proceeds from accessing banking services.

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Currencies

CBN issues modalities for payout of diaspora remittances in dollars

by Chike Olisah

January 23, 2021

The new circular explains who diaspora remittances are to be paid to beneficiaries in Nigeria only in foreign currency and...

Currencies

Naira gains marginally at NAFEX window, exchange rate to remain stable

by Chike Olisah

January 22, 2021

The exchange rate between the naira and the dollar appreciated closing at N394/$1 at the NAFEX window.

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Naira weakens to N1,387/$ as reserves fall to $49.29 billion in March

Naira faces acid test as US Dollar index hits 10-month high

Nigeria’s foreign reserves slide $547 million over two weeks

Naira strengthens to N1,837/£ amid CBN reforms boost stability

Currencies

Nigeria's daily parallel market exchange rate tracker

U.S dollar keeps rising against Euro, British pound sterling

Naira falls at NAFEX window, report suggests CBN is expected to devalue naira by 10%

Naira gains at black market as external reserves improves on higher oil prices

CBN appoints 3 Pre-Shipment Inspection and 2 Monitoring Agents for non-oil exports

Naira falls to N480/$1 at black market as CBN recognizes forex pressures is weakening the economy

Naira falls at NAFEX window as dollar supply continues to decline

Naira falls across forex markets as CBN moves against IMTOs

CBN to prevent exporters with unrepatriated export proceeds from banking services

CBN issues modalities for payout of diaspora remittances in dollars

Naira gains marginally at NAFEX window, exchange rate to remain stable

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