Currencies

Naira strengthens towards N1,450/$ mark

October 28, 2025

Forex traders struggle to survive as CBN cuts BDCs off from dollar supply

October 27, 2025

Naira breaks below N2,000/£ against the British Pound Sterling

October 25, 2025

Home Category Markets Currencies

Currencies

Nigeria's daily parallel market exchange rate tracker

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

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

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

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

January 26, 2022

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

CBN says money supply jumped to 13.77% in December 2021

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

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

January 26, 2022

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

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

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

January 25, 2022

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

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

January 25, 2022

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

CBN must resume sale of dollar to BDCs to reduce FX pressure – Agusto

January 24, 2022

One way to reduce the pressure in the foreign exchange market is for the Central Bank of Nigeria (CBN) to...

Naira and dollar held by in the hand of a person

Exchange rate gains at official market as forex turnover records boost

January 24, 2022

The exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window closed at...

CBN says eNaira has widened digital payment options for Nigerians

Nigeria’s poor internet connection could spell difficulty for eNaira transactions – Report

January 24, 2022

The eNaira's acceptability has been hampered by a lack of reliable mobile networks and the restricted availability of internet-enabled devices....