Nigeria’s daily parallel market exchange rate tracker
Currency outside banks hits new all-time high of N3.71 trillion in May 2024
CBN warns banks, FX dealers against rejecting old, lower dollar bill denominations in Nigeria
Attractive U.S yields add pressure on Nigerian naira
Diaspora Remittances: Average cost of sending $200 to SSA increases to 7.9% in 2023 – World Bank
Nigeria receives 35% of Sub-Saharan Africa’s diaspora remittances in 2023
Nigeria’s exchange rate depreciates by 40% in first half of 2024, despite forex reforms
New Circular: Banks to deposit “excess forex” in Lagos, Abuja branches of CBN
Why many turn into Forex trading dropouts
Dollar liquidity in Nigeria’s official market set for 5-month low in June 2024
Nigeria’s external reserves surges to $34 billion, first time since March
Naira on an 8-day depreciation streak, falls again to N1,507.83/$1