Nigeria’s daily parallel market exchange rate tracker
Exchange rate slumps to N1,586/$1 in official market—first decline since MPC meeting
Exchange rate gap widens as official closes at N1,599/$1, parallel N1,635/$1
CBN Recapitalization: 95% of BDC operators risk shutdown by June 2025
Nigeria’s FX reserves gain $364 million in two weeks, first steady climb since January peak
Naira’s outlook brightens on lower inflation reading, FX remittance policy
Naira faces U.S dollar resurgence amid Nigeria’s oil production boost
Naira strengthens to N1,597.7/$1 at official market
Pressure mounts as Naira depreciates to N1,625 lowest points in 2025
Naira weakens to N1,612/$1 at official market amid persistent FX supply concerns
Naira depreciates slightly to N1,609/$1 at official market amidst sustained FX stability
Brent crude rally lifts some pressure off Naira