Currencies
Nigeria's daily parallel market exchange rate tracker
BDC operators urge central bank to abandon offical rate as Naira continues to fall
BDC operators have urged the Central Bank of Nigeria to abandon the official exchange rate and float the Naira amid...
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Nigerians who saved in dollars at the start of the year are now swimming in too much Naira
You would have made N155,000 profit today if you had saved $1000 at the start of the year.
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Nigeria’s central bank says it is committed to resolving further fall of the Naira
The Central Bank of Nigeria has reaffirmed its commitment to resolving the foreign exchange crisis currently rocking Nigeria.
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Naira crash: Peter Obi urges Nigerians to stop using dollars for local transactions
Peter Obi has urged the government and Nigerians to stop using foreign currencies like US dollars for local transactions.
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Nigerian importers are “desperate” to pay for dollars at “any price”
Nigerian Importers are desperate to pay for dollars at any price amid a forex scarcity that has made the black...
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Exchange rate falls further to N718/$1 at black market
Naira has depreciated to a record low at the black market after the local currency closed trading on Thursday at...
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Naira falls to N700/$1 at black market
The exchange rate between the naira and the US dollar has fallen beyond the N700/$1 threshold at the parallel market...
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Naira to dollar exchange rate falls to N685/$1 at peer-to-peer (P2P) forex market
The exchange rate between the naira and the US dollar has fallen to a record low at N685.5/$1 at the...
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Naira starts week at N665/$1
it is also one year since the CBN banned sale of dollars to BDCs
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BDCs blame lack of anchor price, disorganized market for naira to dollar exchange rate crash
It was the first day of the week and Abu was on the 3rd mainland when a customer called him...
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