Currencies
Nigeria's daily parallel market exchange rate tracker
Exchange rate falls at official market as dollar supply drops significantly
Monday, 20th September 2021: The exchange rate between the naira and the US dollar closed at N413.68/$1, at the official...
Read moreDetails
CBN Governor gives condition to allocate forex for demands that exceed approved limits
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that the apex bank will consider...
Read moreDetails
Official exchange rate gains as dollar supply records significant increase
Friday, 17th September 2021: The exchange rate between the naira and the US dollar closed at N412.88/$1, at the official Investors and Exporters window. Naira appreciated against the US dollar...
Read moreDetails
The hunt for Sony Playstation 5 and why the CBN may be chasing shadows
I tried to buy a Sony PlayStation 5 for my kids. It was hell. I am not a gamer, but...
Read moreDetails
CBN says no more dollar sales to people who buy weapons
The Central Bank of Nigeria (CBN) has said that it would no longer allocate foreign exchange to currency traders who...
Read moreDetails
abokiFX vs CBN: abokiFX says it will temporarily suspend rates, hopes suspension leads to Naira appreciation
Online foreign exchange rate website, abokiFX, which is currently under investigation by the Central Bank of Nigeria (CBN), says it...
Read moreDetails
Bitt Inc, the company developing eNaira is not my company – CBN Governor
The Governor of the Central Bank of Nigeria has stated that Bitt Inc, the company developing the country's digital currency,...
Read moreDetails
We will find you, force you to return dollars bought on false demand, CBN warns
The Central Bank of Nigeria (CBN) has stated that it will hunt Nigerians who buy forex for Personal Travel purposes...
Read moreDetailsCBN Governor shatters BDC operators’ hope of ban reversal
The Governor of the Central Bank of Nigeria has stated that the only rate he recognises is the I&E window...
Read moreDetails
CBN to capture and prosecute Olumide Oniwinde, owner of abokiFX – Emefiele
At the recently concluded MPC meeting by the Central Bank of Nigeria (CBN), the CBN Governor, Godwin Emefiele responded to...
Read moreDetails
