Currencies

Nigeria's daily parallel market exchange rate tracker

Inflation rate, LDR: Growing the real sector by fiat?, Rapid increase in food prices temporary – Emefiele, CBN and other industry stakeholders establish N1 billion Bankers’ Charitable Endowment Fund , How the CBN’s OMO restriction is affecting the market , Nigerian economy to grow by 2.38% in Q4 - CBN, New CBN report shows Nigerians will reduce consumption of luxury items, Banks violating CBN’s directive on N50 charge on accounts, send contradictory messages, What is on Godwin Emefiele’s mind?, These CBN policies are contradictory and stifling on banks, What you need to know as Banks rebrand CBN intervention funds to woo borrowers, CBN extends timeframe for submission of audited financial statements by other financial institutions, CBN to launch Tertiary Institutions’ Entrepreneurship Scheme, CBN tackles cybersecurity threats as it issues guidelines for OFIs, Emefiele says CBN is leading Nigeria’s economic diversification as country now exports rice

Currencies

CBN plans to unveil new FX bidding regime

by Ubah Jeremiah Ifeanyi

February 1, 2022

The Central Bank of Nigeria (CBN) plans to unveil a new FX bidding regime to support Nigerian companies in need...

Naira closes at a record low of N409/$1 at NAFEX

Currencies

Naira gains at P2P and Official markets as FX turnover drops to two-week low

by Samuel Oyekanmi

January 31, 2022

Friday, 28th January 2022: The exchange rate between the naira and the US dollar closed at N416/$1 at the Investors...

IMF reveals steps it can take to help with success of eNaira

Currencies

eNaira records 694,000 downloads, 95 days after its launch

by Ubah Jeremiah Ifeanyi

January 31, 2022

Nigeria's CBDC, the eNaira has enjoyed downloads across several regions of the world, according to new data.

Naira falls across forex markets as businesses resume after public holidays

Currencies

Exchange rate appreciates at P2P as parallel market rate remains stable

by Samuel Oyekanmi

January 28, 2022

Thursday, 27th January 2022: The exchange rate between the naira and the US dollar closed at N416.33/$1 at the Investors...

forex, Naira appreciates at black market as forex liquidity is boosted with huge dollar supply

Currencies

Naira falls at P2P market as it trades as high as N444/$1 at official window

by Samuel Oyekanmi

January 27, 2022

Wednesday, 26th January 2022: The exchange rate between the naira and the US dollar at the official Investors and Exporters...

eNaira website goes live days ahead of October 1 launch

Currencies

CBN’s eNaira records less than 10% P2P transactions after 3months

by Ubah Jeremiah Ifeanyi

January 26, 2022

After three months since its launch, Africa's first digital currency, eNaira, has recorded less than 10% in P2P transactions. This...

Currencies

CBN says money supply jumped to 13.77% in December 2021

by Ubah Jeremiah Ifeanyi

January 26, 2022

The Central Bank of Nigeria (CBN) has stated that broad money supply (M3) in the Nigerian economy rose further to...

Non-oil exporters lose N78bn to forex policy

Currencies

Exchange rate maintains stability at official market despite drop in forex turnover

by Samuel Oyekanmi

January 26, 2022

Naira gained marginally against the US dollar on Tuesday with a 0.01% appreciation to close at N416.33/$1.

Currencies

Exchange rate depreciates at I&E window, P2P, and parallel markets

by Samuel Oyekanmi

January 25, 2022

Monday, 24th January 2022: The exchange rate between the naira and the US dollar at the official Investors and Exporters...

Currencies

With PAPSS, Nigerians will no longer need dollars for intra-African trade – Akinwuntan

by Ubah Jeremiah Ifeanyi

January 25, 2022

Consumers don’t need to look for an international bank, as PAPSS will work in Africa, the same way NIBSS works...

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Naira slides to N1,359/$ after CBN cuts interest rate to 26.5%

Nigeria’s FX reserves hit $50.45 billion, highest in 13 years – Cardoso

Naira cools off against British pound at N1,842/£1 as CBN mops dollar liquidity

Naira weakens to N1,353.5/$ ahead of 304th MPC meeting

Currencies

Nigeria's daily parallel market exchange rate tracker

CBN plans to unveil new FX bidding regime

Naira gains at P2P and Official markets as FX turnover drops to two-week low

eNaira records 694,000 downloads, 95 days after its launch

Exchange rate appreciates at P2P as parallel market rate remains stable

Naira falls at P2P market as it trades as high as N444/$1 at official window

CBN’s eNaira records less than 10% P2P transactions after 3months

CBN says money supply jumped to 13.77% in December 2021

Exchange rate maintains stability at official market despite drop in forex turnover

Exchange rate depreciates at I&E window, P2P, and parallel markets

With PAPSS, Nigerians will no longer need dollars for intra-African trade – Akinwuntan

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