Nigeria’s daily parallel market exchange rate tracker
Naira falls at official market despite a significant rise in dollar supply by 128%
Fund managers offer dollar mutual funds as hedge against inflation, naira depreciation
Naira remains stable across forex markets as external reserve plunges to 14 months low
Naira falls at official window as external reserve declines to 4-year low
Naira gains at official window as dollar supply improves significantly by 80%
Emefiele informs foreign investors Naira exchange rate value is N430-440/$1
Exchange rate falls to N500/$1 at black market as forex speculators intensify their activities
Banque de France successfully completes CBDC experiment with Switzerland-based crypto bank, SEBA
Naira reverses gain at black market as CBN moves to increase forex allocation to BDCs
ABCON enforces compliance to resolutions among BDC operators
Naira strengthens across FX markets as speculators reacts to reports of CBN funding to BDCs