FX Rates

Naira Appreciates To N1,590/$1 In Black Market

FX Turnover Plummets 76% In Nigerian Market Amidst Holiday, Economic Volatility

The foreign exchange (FX) turnover on Nigeria’s official market experienced a dramatic drop of 75.98%, hitting a three-week low on Thursday. The turnover fell from $385.91 million at the end of Tuesday’s

Emmanuel Ochayi

8 months ago

Business·Latest News·Markets

Just In: CBN Resumes Fx Sale To BDCs At N1,021/$1

The Central Bank of Nigeria (CBN) has reestablished the sale of foreign exchange (forex) to Bureau De Change (BDC) operators. The apex bank is presently offering forex to them at an exchange

Emmanuel Ochayi

10 months ago

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business·Latest News·Markets

CBN Exchange Rate Intervention Spurs Importers’ Relief Amid Customs FX Rate Decline T0 N1,238/$1

Importers in Nigeria have found a silver lining in the dip in the FX rate used by the Nigeria Customs Service (NCS) for clearance of goods. The rate, which dropped from N1,246.66/$

Emmanuel Ochayi

11 months ago

Customs FX Rate For Import Duties Higher than Official Rate, Rises To N1,330/$1

Business·Latest News·Markets

Customs Pegs FX Rate For Import Duty At N1,330/$1, Higher than Official Rate

The Nigerian naira is flexing its muscle against the U.S. dollar, prompting revisions in customs import duty FX rates. Yesterday, the customs exchange rate for cargo clearance peaked at N1,330.36 per USD,

Emmanuel Ochayi

11 months ago

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

FX Turnover Plummets 76% In Nigerian Market Amidst Holiday, Economic Volatility

Just In: CBN Resumes Fx Sale To BDCs At N1,021/$1

CBN Exchange Rate Intervention Spurs Importers’ Relief Amid Customs FX Rate Decline T0 N1,238/$1

Customs Pegs FX Rate For Import Duty At N1,330/$1, Higher than Official Rate

Featured Stories

ATM Withdrawal Fee: Crisis In Making For Small Businesses?

Niger Delta’s Toxic Legacy: Can Shell Be Held Accountable for Human Rights Abuses?

CBN’s Recalibration Conundrum: A Critical Analysis Of Nigeria’s Economic Trajectory

NNPCL’s 2% Fuel Price Reduction Not Enough ‘Christmas Gift’, Nigerians React

Latest News

NCDMB’s Ezeobi Highlights Role Of Strategic Communication In Implementing Local Content For National Devt

Germany Introduces New Work Visa Reforms To Tackle Labour Shortages

Naira Gains Stability But Caution Needed, Rewane Warns

Food Prices Drop North East As Farmers Flood Markets With Grains

APC Campaign Council

Categories

Suggestions

FX Rates

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories