Nigeria’s daily parallel market exchange rate tracker
Nigeria may get up to 0.3% of 2024 GDP as revenue from windfall tax on banks’ FX gains
eNaira makes up less than 1% of currency in circulation as of March 2024
Analysts’ project naira to stabilize between N1,423.26/$ and N1,550/$ by year-end 2024
Summer vacation, strong U.S. dollar push naira to a 4-month low
Nigeria’s external reserve has risen to $36.89 billion- Cardoso
CBN sells $106.5 million to 29 FX dealer banks, blames demand pressure for naira fall
CBN may spend up to $110.81 million in FX sales to BDCs this year
Shareholders condemn FG’s 50% windfall tax on banks’ forex gains
CBN to sell $20,000 to each BDC at N1,450/$1
Exchange rate crosses N1,600/$1 at parallel market, hits N1,630/$1 on online platforms
Exchange rate for customs duties collection rises above official market rate again