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Naira Exchange Rate

Nigeria Naira exchange rate tracker. Naira to Dollar Parallel market Tracker. Naira To Dollar CBN rate tracker.

Market Watch

Diaspora Remittances: Average cost of sending $200 to SSA increases to 7.9% in 2023 – World Bank

musteey -
Sending $200 to Sub-Saharan Africa cost more in 2023. It went up from 7.4% in 2022 to 7.9% in 2023, says the World Bank. The World Bank said this in their report about migration and development...
Market Watch

Attractive U.S yields add pressure on Nigerian naira

musteey -
When the interest rates in the U.S. go up, it can make the U.S. dollar stronger. This can affect other countries' money, like the Nigerian naira, and make it weaker. Recently, the rate for a 10-year government bond in the...
Market Watch

CBN warns banks, FX dealers against rejecting old, lower dollar bill denominations in Nigeria 

musteey -
The Central Bank of Nigeria (CBN) has warned banks and money changers to accept old and small US dollar bills from customers. This rule comes because many people have said that banks and money changers are not taking these kinds...
Market Watch

Customs exchange rate for import duties rises to the highest in three months

musteey -
The Nigeria Customs Service (NCS) recently increased the exchange rate for import duties to N1508 for every dollar. This is the highest rate in the past three months. Back on March 21, 2024, the rate was N1,572 for every...
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Healthmusteey -

Nigeria's population could rise to 450 million by 2050: experts

Experts have expressed concern about the possible increase in Nigeria's population, which could reach 450 million by 2050 if...
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