Currencies
Nigeria's daily parallel market exchange rate tracker
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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CBN “lacks experience” to conduct monetary policy under float – EIU
The report also indicates that CBN "lacks the firepower" to clear the $6 billion forex backlog. It also claimed the...
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What will save the naira?
Following a steep plunge in the value of the naira on the parallel market over the past four months, there...
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Down goes the naira; Hits new all time low of N996/$1 at official NAFEM
The naira fell to a new low on Thursday, closing at N996.75 per dollar in the official market and N1090...
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Honeymoon ends as exchange rate falls across board
The naira fell against the U.S. dollar at both the official and parallel market on Wednesday marking a sharp reversal...
Read moreDetailsNaira falls to N869/$1 against dollar at NAFEM but gains at parallel market
Naira crashed against the dollar on Tuesday, falling to 869.91/$1 at the official market representing a 6.99% decline in the...
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“Forex speculators are hurting the Economy”- Chairman of Stockbrokers association
In this interview with Nairametrics, he spoke on a range of issues that need to be addressed to boost activities...
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Naira falls against the Dollar, depreciates to N809.02/$1 at the official market
The Nigerian naira depreciates against the dollar on Monday, 6th November 2023, closing at N809.02/$1 at the official market.
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