Currencies
Nigeria's daily parallel market exchange rate tracker
DEVALUATION: CBN updates website to official rate of N360/$1
The central bank of Nigeria has devalued its official exchange rate from N307/$1 to N360/$1.
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Devaluation is here as CBN sells dollars at N380/USD
The Central Bank of Nigeria (CBN) has reportedly devalued the Naira. Nairametrics found from a reliable source that the CBN...
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CBN insists on no devaluation, threatens to sanction those responsible for false speculations
The Central Bank of Nigeria (CBN) has debunked speculations making the rounds and suggesting that the naira is finally about...
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Speculators strike as exchange rate falls to N366/$1
Speculators strike as exchange rate falls to N366/$1, stocks lose another N1 trillion.
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Ghana’s Cedi becomes investors’ delight ahead Nigeria’s Naira
Ghana has been considered top on foreign investors list this year despite the slowing economy the country has had in...
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CBN’s OMO Gimmickry explained
CBN's latest circular restricting OMO to foreign investors and Nigerian banks explained including its implication for the economy.
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NIGERIA: Daily Parallel Market Exchange Rate (September 27th 2019)
Parallel market exchange rate between the Naira and three of the world's major currencies.
Read moreDetailsNIGERIA: Daily Parallel Market Exchange Rate (August 1st 2019)
Parallel market exchange rate between the Naira and three of the world's major currencies.
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NIGERIA: Daily Parallel Market Exchange Rate (June 28th 2019)
Parallel market exchange rate between the Naira and three of the world's major currencies.
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CBN’s intervention in FX market hit $39 billion in 2018
The Central Bank of Nigeria (CBN)stabilized the Naira in 2018 by injecting $39.9 billion into the foreign exchange market (Forex). This...
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