Currencies
Nigeria's daily parallel market exchange rate tracker
2021: I&E window records $32.3 billion in forex turnover
Nigeria recorded a transaction value of $32.3 billion in forex turnover in 2021 on the Investors and Exporters Window (I&E)...
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Official NAFEX Exchange rate closes at N435/$1 in 2021, devalues by 6.03% YoY
The Exchange rate between the naira and the US dollar dropped significantly by 6.03% in the year 2021 to close...
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Nigeria’s forex crises to persist in 2022 – Report
The Centre for the Promotion of Private Enterprise has stated that the distortions inherent in the foreign exchange market will...
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Naira crashes to N435/$1 at official forex market despite 90% surge in turnover
Thursday, 30th December 2021: The exchange rate between the naira and the US dollar at the official Investors and Exporters...
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Naira strengthens at black market as exchange rate rises to N560/$1
Naira has recorded significant gain at the parallel market on Thursday as it rose to N560/$1 in the early hours...
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Naira falls at P2P forex market as official turnover drops by 29%
Wednesday, 29th December 2021: The exchange rate between the naira and the US dollar at the official Investors and Exporters...
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Nigeria’s external reserve is experiencing its worst run since 2020
The Central Bank of Nigeria reported Nigeria’s external reserve printed at $40.5 billion as of December 23rd, 2021, two days...
Read moreDetailsNaira falls at official and P2P forex market despite boost in dollar turnover
Friday, 24th December 2021: The exchange rate between the naira and the US dollar closed at N415.1/$1 at the Investors...
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I&E Window: One billion dollars traded on Xmas week
Nigeria recorded a transaction value of $1.1 billion in trades on the Investors and Exporters Window (I&E) where forex is...
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Naira appreciates despite fall in forex turnover as bitcoin rallies above $50k
Thursday, 23rd December 2021: The exchange rate between the naira and the US dollar closed at N414.73/$1 at the official...
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