Naira Exchange Rates - Parallel Market Lagos. *Prevelant Rate - Could be slightly higer or lower based on vendor.
Naira (₦)USD ($)Euro (€)GBP (£)
Buy/SellBuy/SellBuy/Sell
23/5/2017375/381410/420480/491
22/5/2017375/380410/420480/491
19/5/2017375/380410/421480/491
18/5/2017375/381410/419480/490
17/5/2017375/383407/418485/496

Cost of Funds Drops on Improved Naira Liquidity - Thisday

BY Obinna Chima The overnight lending rate dropped to 26 per cent on Friday, from 65 per cent a day earlier after the Central Bank of Nigeria (CBN) refunded excess naira offered in an earlier dollar sale to commercial lenders, injecting liquidity…

Naira climbs to a 3-month high against dollar - Daily Post

Naira cruised strongly into the weekend, exchanging at N380/$1 in the parallel market. This is ahead of Monday’s Central Bank of Nigeria (CBN) led Monetary Policy Committee (MPC) meeting in Abuja. At this third meeting in 2017, experts…

CBN Signals Retention of Tight Monetary Policy, Targets Rate Convergence - Thisday

• Banking industry fines drop by 79% Obinna Chima with agency report    As the Monetary Policy Committee commences its two-day meeting today, a Deputy Governor of the Central Bank of Nigeria (CBN), Dr. Joseph Nnanna has disclosed…
CBN

CBN makes N3.3 billion from banks’ borrowing - Guardian

• Guarantees N527.6m for farmers in agric scheme For frequent borrowing from the Central Bank of Nigeria (CBN) by commercial banks, the regulator recorded N3.29 billion as interest income in February 2017. Although some of the lenders…
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Dollar to Naira Rate Black Market May 22 2017

Dollar to Naira Rate Black Market May 22 2017. Today's Naira Black Market Exchange Rates. Dollar to Naira. Pounds to Naira. Euros to Naira. These are the prevalent rates for Lagos. Actual rates may vary slightly based on vendor. Rates are…

Nigeria's acting president receives 2017 budget -government official - Reuters

By Felix Onuah ABUJA May 19 (Reuters) - Nigeria's record 7.44 trillion naira ($23.62 billion) 2017 budget has been received by the presidency for it to be signed into law, a government official said on Friday. Ita Enang, senior special…