Official market forex rate

Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

Nigeria’s currency, the naira has continued to rise in value, trading at N1.382.95/$1 at the official market on Tuesday, 26 March 2024.

Victor Ezeja

1 month ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Nigeria’s Official Foreign Exchange Rate Depreciates, Traders Transact $55.10 million

The value of the Naira decreased slightly by 0.36 per cent on Monday, 15 May, with the cost of a Dollar inching higher by N1.67 kobo. This is according to the FMDQ

Fakoyejo Olalekan

12 months ago

The naira's value against the dollar took a hit at the start of the week, with exchange rates opening at N1,200/$1 on peer-to-peer (P2P) platforms

Business·Currency

Naira Recovery Knocks Down Dollar Rate In Official Market

Dollar rate in official market was down on Tuesday, 2 May 2023, with the Naira recovering from drop reported on Friday, 28 April. Due to the Workers’ Day public holiday on Monday,

Fakoyejo Olalekan

1 year ago

Business·Currency

Dollar Rate Up 47% Since CBN Banned Forex Sales To Black Market Sellers

The foreign exchange (forex) rate between the Naira and the Dollar has increased by 47 per cent since the Central Bank of Nigeria (CBN) banned the sales of FX to the black

Fakoyejo Olalekan

1 year ago

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Naira’s Winning-streak Continues As Value Rises To N1,382/$1 At Official Market

Nigeria’s Official Foreign Exchange Rate Depreciates, Traders Transact $55.10 million

Naira Recovery Knocks Down Dollar Rate In Official Market

Dollar Rate Up 47% Since CBN Banned Forex Sales To Black Market Sellers

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