Currencies
Nigeria's daily parallel market exchange rate tracker
CBN sold $543.5 million FX to Nigerian banks in September to stem volatility
The Central Bank of Nigeria (CBN) announced it sold $543.5 million to authorized dealer banks between September 6 and September...
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Naira edges up against the Dollar, closes at N1,659.26 in I&E window
The naira appreciated slightly against the U.S. dollar on October 3, 2024, closing at N1,659.26 in the official Investor and...
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BDCs accuse IMTOs of ambushing external remittances, creating dollar scarcity in the parallel market
Bureau De Change (BDC) operators in Nigeria have attributed the recent depreciation of the Naira in the parallel market to...
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Naira falls 8.25% in the I&E Window, with market turnover reaching $176 million
On October 2, 2024, the naira depreciated against the US dollar, closing at N1,669.15 in the official Investor and Exporter...
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Naira ends September at lowest exchange rate in seven months at parallel market
The Naira closed September 2024 at N1,541 on the official NAFEM window, reflecting a slight improvement compared to its performance...
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Naira shows mild strength in September at official market
The Nigerian currency ended last month on a losing note, trading at N1,541.94/$1 on Monday, September 30, 2024, but showed...
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Exchange rate for customs duty collection drops to N1,637/$1
The exchange rate for customs duties collection currently stands at N1,637 to the USD – a decline from N1,666/$ last...
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Zimbabwe’s new currency, ZiG, falls over 40% against the Dollar after government decision
Zimbabwe's new currency, the ZiG, has experienced a depreciation of over 40% after the country's central bank made recent adjustments...
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Tornado Cash developers set for trial over platform’s role in money laundering of over $1 billion
The founders of Tornado Cash a crypto mixing platform Roman Storm and Roman Semenov are set for Trial after the...
Read moreDetailsNaira strengthens against dollar, reaches N1,540.78 at I&E Window amid turnover decline
The naira strengthened against the US dollar on September 27, 2024, closing at N1,540.78 in the official Investor and Exporter...
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