Naira Exchange Rate
Nigeria Naira exchange rate tracker. Naira to Dollar Parallel market Tracker. Naira To Dollar CBN rate tracker.
Market Watch
Naira Plummets Beyond ₦2,000 Against British Pound
Sure! Let's simplify this article so it's easy for anyone to understand, even young kids. We'll keep it unique and add some examples to make it clearer. Here we go:The naira started Thursday’s session at the lower end of...
Market Watch
Nigeria’s external reserves have grown again and now stand at $35.05 billion as of July 8, 2024.The central bank's data, reviewed by Newslodge, confirms this increase.This is the highest level since May 30,...
Market Watch
Nigeria’s Official Exchange Rate Plummets to N1,561, Reaching Lowest Level Since March
The value of the naira, Nigeria's money, went down a lot in its exchange market. On Wednesday, July 10, 2024, the rate was N1,561.98 for every $1. This is called depreciation.The FMDQ Securities Exchange, which keeps track of these...
Market Watch
Customs Import Duties Exchange Rate Increased by N37
Sure! Here's a simpler version of the blog post:
<div><p><span data-contrast="auto">The exchange rate for import duties by the Nigeria Customs Service (NCS) is going up. It's now N1549 for 1 USD according to the latest update on the customs exchange...
Market Watch
Naira Struggles as U.S. Dollar Surges
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<p>Before Federal Reserve Chair Jerome Powell spoke, the safe-haven currency had some strength. But, the naira, Nigeria's money, fell a little during the first trading day of the week.</p>
<p>The naira has been losing value for...
Market Watch
Currency Outside Banks Reaches Record High of N3.71 Trillion in May 2024
The amount of money outside Nigerian banks is now N3.71 trillion in May 2024.This info comes from the Central Bank of Nigeria (CBN).This new high shows people trust banks less or like using...
Market Watch
Nigeria’s External Reserves Climb to $34.66 Billion, Marking a 13-Month High
Nigeria's external reserves have grown again, now at $34.66 billion as of July 4, 2024. This is a 13-month high.
This information comes from Newslodge' historical records of the central bank's external...
Market Watch
Customs Duties Exchange Rate Decreases to N1,512 per USD
Customs Duties Exchange Rate Drops
From July 5th to July 7th, 2024, the exchange rate for customs duties went down from N1516/$ to N1512/$....
Market Watch
Naira Reaches June Low as Dollar Strengthens
The naira, Nigeria's currency, became a bit more stable in the official market, even with some pressure from the U.S. dollar. In simple terms, the naira’s value was better this time when compared with previous trades.According to FMDQ, the...
Market Watch
UK’s New Leader: British Pound Gains Strength Against Naira and US Dollar
The world money market felt better after years of ups and downs when Keir Starmer’s Labour Party won big in the UK elections.The British pound kept most of its value against the Nigerian naira this year and stayed strong...
Latest News
Anambra APC Persistently Challenges Bianca’s Nomination for Ministerial Position
The Anambra State group of the All Progressives Congress (APC) is not happy about President Bola Tinubu's choice of...