Section

CURRENCIES

Nigeria’s daily parallel market exchange rate tracker

Currencies 1 min
FX rate for customs import duties rises again by N37 
By Aghogho Udi
Currencies 1 min
Naira loses key support on ravaging U.S. dollar
By Olumide Adesina
Currencies 1 min
Currency outside banks hits new all-time high of N3.71 trillion in May 2024 
By Sami Tunji
Breaking News 1 min
Nigeria’s external reserves surge to $34.66 billion, highest level in 13 months 
By Sami Tunji

More Stories

Currencies

Exchange rate for customs duties collection drops to N1,512/$

Currencies

New UK Leader: British pound shows strength against naira and U.S dollar

Currencies

Customs exchange rate for import duties rises to the highest in three months

Currencies

CBN warns banks, FX dealers against rejecting old, lower dollar bill denominations in Nigeria 

Currencies

Attractive U.S yields add pressure on Nigerian naira

Currencies

Diaspora Remittances: Average cost of sending $200 to SSA increases to 7.9% in 2023 – World Bank

Currencies

Nigeria receives 35% of Sub-Saharan Africa’s diaspora remittances in 2023

Currencies

Nigeria’s exchange rate depreciates by 40% in first half of 2024, despite forex reforms 

Circulars

New Circular: Banks to deposit “excess forex” in Lagos, Abuja branches of CBN 

Currencies

Why many turn into Forex trading dropouts