Currencies
Nigeria's daily parallel market exchange rate tracker
Naira rebounds, rises to N791.75/$1 at the official market
The Nigerian naira appreciated massively against the dollar on Friday, 17th November 2023, closing at N791.75/$1 at the official market.
Read moreDetailsLike a Yo-Yo: Naira descends to N841.14/$1 against dollar, mirroring market instability
The naira fell against the U.S. dollar at the official but gained marginally at the parallel market after the local...
Read moreDetailsNaira shrugs off inflation hike, appreciates to N818.99/$1 at the official market
The naira gained against the U.S. dollar in the official market and closed flat at the parallel market to halt...
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Currency Crisis: Naira further falls to N850.22/$1 against dollar at the official market
The naira fell against the U.S. dollar at both the official and parallel market to sustain losses for the second...
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Old notes to remain legal tender in Nigeria ‘forever’ – CBN
The Central Bank of Nigeria (CBN) has removed the deadline for legal tender status of old N200, N500, and N1000...
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Analysis: Export but build infrastructure
The Peso is getting stronger; according to the Los Angeles Times, the Mexican Peso is up 18% against the dollar...
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New Week, more weakness; Exchange rate falls again across markets
The naira fell against the U.S. dollar at both the official and parallel market on Monday 13th November 2023 marking...
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Customs increase FX rate for duties’ collection from N757/$ to N783/$
The Nigerian Customs Service (NCS) has revised its tariffs and duties to align with changes in the foreign exchange rate.
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Naira stages comeback, rises to N780/$1 at the official market
The Nigerian naira appreciated massively against the dollar on Friday, 10th November 2023, closing at a new monthly high of...
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Saudi Arabia pledges to support CBN with FX, revamp Nigeria’s refinery
The government of Saudi Arabia has promised to support the reforms being implemented by the Central Bank of Nigeria and...
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