Nigeria’s daily parallel market exchange rate tracker
Exchange rate hits all time low of N1,152 at P2P, N999/$1 at NAFEM
US dollar fluctuates in a narrow range, naira maintains it record low
Poultry association suffers N6 billion loss over fuel subsidy removal and other factors
CBN shockingly claims 43 banned items is reason for exchange rate disparity
CBN ban on 43 items lifted: Rational move but still more like clearing the cobwebs
CBN lifts ban on 43 items, to start selling dollars “from time to time”
FX traders await U.S inflation data, as naira hit an all-time low
Daily forex turnover fail to cross $300 million since FX Unification was announced
Exchange rate spirals out of control, quotes for N1040 at parallel market
Sustained demand pressure continues to weaken the currency despite CBN intervention
Demand for dollar high amid Israel-Hamas conflict, trades for 1008/$ at the p2p market