Official CBN Rate: N1,550 / USD
Black-Market Rate: N1,600 / USD
Drivers: CBN intervention, market forces, foreign exchange liquidity, global crude oil prices.
Top Tools: AbokiFX, Bloomberg Terminal, CBN Official Website
Your Daily Rate The Naira showed a mixed performance on Monday...
Key Points:
Official CBN Rate: N1,529.96 / USD
Black-Market Rate: N1,535 / USD
Drivers: Naira’s depreciation follows lower oil prices, modest production recovery, and increased foreign portfolio investment.
Top Tools:
The Nigerian Naira saw a minor depreciation, losing 21 Kobo at the...
Key points:
Official CBN Rate: N1,532 / USD
Black-Market Rate: N1,585 / USD
Drivers: CBN market intervention, demand pressure, oil price fluctuations
Top Tools: CBN Forex Rates, NairaWatch, Black Market Tracker
The Naira saw a slight depreciation in the parallel market, trading at N1,585 per...
Official CBN Rate (NAFEM): ₦1,525.99 / USD *(+0.02%)*
Black-Market Rate: ₦1,550 / USD (flat)
Drivers:
FX Liquidity Boost: Improved dollar supply from short-term government debt yields
Oil Price Warning: IMF cautions Nigeria may face earnings decline if crude prices fall further
Crypto Slump...
Key points:
Official CBN Rate: N1528 / USD
Black-Market Rate: N2,000 / USD
Drivers: IMF support for CBN policies, Naira card transactions, global market fluctuations
Top Tools: Naira Live Rates, Currency Converter, Black-Market Snapshots
The Naira is nearing the N1,500/$ threshold, trading at...
Key points:
Official CBN Rate: N1,529.5 / USD
Black-Market Rate: N1,565 / USD
Drivers: Depreciation of the Naira, widening gap between parallel and official rates
Top Tools: CBN Exchange Rate Monitor, Parallel Market Tracker, Forex Rate Comparison Tools
The Naira has depreciated further in...
Key points:
Official CBN Rate: N1,526.60 / USD
Black-Market Rate: N1,530 / USD
Drivers: Naira pressure, global economic outlook, FX reserves, external loans
Top Tools: CBN Forex Data, Forex Reserve Tracker, Black-Market Rate Monitor
The Naira weakened by 84 Kobo, trading at N1,526.60/$1 in...
Key points:
Official CBN Rate: N1,531.10 / USD
Black-Market Rate: N1,535 / USD
Drivers: FX reserve improvements, increased portfolio investments, import-related demand
Top Tools: CBN Forex Data, Forex Reserve Tracker, ParallelMarketRates
The Naira weakened by N4.50, closing at N1,531.10/$1 in...
Key points:
Official CBN Rate: N1,518 / USD
Black-Market Rate: N1,530 / USD
Drivers: Positive foreign portfolio inflows, improved oil production, and CBN interventions.
Top Tools: Bank FX Rate Tracker, Official Market Monitor, Parallel Rate Checker
The Naira reached a four-month high, surging...
Official CBN Rate: ₦1,538 / $1
Black-Market Rate: ₦1,570 / $1
Boosted dollar supply, strong investor confidence, and macroeconomic reforms
Tools: AbokiFX, NAFEM Tracker, FX Rate Today
The naira showed modest gains on Friday, appreciating to ₦1,538/$ at the official market and ₦1,570/$ on the...
Official CBN Rate: ₦1,543.94 / USD
Black-Market Rate: ₦1,580 / USD
Drivers: FX inflows from IOCs & FPIs, global risk-on mood, reform optimism
Top Tools: cbn.gov.ng, abokifx.com, nairametrics.com
After a brief losing streak, the naira rebounded at the official window, gaining ₦5.27 to close at...
Official CBN Rate: ₦1,549.21 / USD
Black-Market Rate: ₦1,580 / USD
Drivers: US Fed’s dovish tone, inflation trends, local FX market dynamics
Top Tools: cbn.gov.ng, abokifx.com, nairametrics.com
The naira slipped slightly by 12 Kobo to ₦1,549.21/$1 at the official market on Wednesday, even as...
Official CBN Rate: N1,549 / USD
Black-Market Rate: N1,585 / USD
Drivers: CBN intervention, market forces, foreign exchange dynamics
Top Tools: AbokiFX, Bloomberg Terminal, CBN Official Website
The Naira experienced a slight depreciation against the US Dollar in the official market to...
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Key points:
Official CBN Rate: N1,533.22 / USD
Black-Market Rate: N1,535 / USD
Drivers: Demand increases, improved crude output, CBN intervention, foreign portfolio investment inflows
Top Tools: Interbank Forex Quotes, Official FX Market Data, Parallel Market Updates
Naira depreciates...
