Currencies
Nigeria's daily parallel market exchange rate tracker
Exchange rate remains stable at forex markets, interest rate cut could further weaken naira
The Naira remained stable against the dollar at the Investors and Exporters (I&E) window on Friday.
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U.S dollar is king, hits two months high
Amid rising COVID-19 caseloads and other militating factors, the greenback recently surged high.
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Naira stabilizes across forex markets, as BDCs get another round of dollar allocation
The Naira remained stable against the dollar to close at N467/$1 on Thursday.
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Exchange rate falls across forex markets despite improved dollar supply
The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Wednesday.
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Currency Traders rush to U.S dollars, reaching 8-week high
Currency traders are now adding more bets on the U.S dollar especially against the euro.
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Leaked Bank memo spooks holders of domiciliary (dollar) accounts
A memo purportedly sent to the foreign exchange trading desk of a leading commercial Bank has spooked domiciliary account holders.
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Naira strengthens at forex market despite significant drop in dollar supply
The Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Tuesday.
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Investors flock to US dollar, as Gold, Bitcoin, Global Stocks record heavy sell-offs
The US dollar is stronger this morning on the back of a marked drop in risk appetite in European and...
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Exchange rate stabilizes as CBN investigates over 100 companies for forex abuse
Over a hundred companies are being investigated by the CBN over forex policy abuse.
Read moreDetailsU.S dollar drops, low U.S interest rates expected to persist for long
The Fed's message is that policy will remain accommodative, but there is no real appetite for adding to the easing.
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