Naira Exchange Rates - Parallel Market Lagos. *Prevelant Rate - Could be slightly higer or lower based on vendor.
Naira (₦)USD ($)Euro (€)GBP (£)
Naira Exchange Rates - CBN
Naira (₦)USD ($)Euro (€)GBP (£)

Nigeria to sell $500 mln after devaluing FX rate for retail customers -traders - Reuters

LAGOS Feb 21 (Reuters) - Nigeria's central bank will sell $500 million on a 60-day forward contract to help boost dollar liquidity on the interbank market, traders said on Tuesday, a day after it effectively devalued the naira for retail currency…

Dollar to Naira Rate Black Market February 21 2017

Dollar to Naira Rate Black Market February 21 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…

Nigeria tests waters for possible broad naira devaluation - Reuters

* Nigeria hit by dollar shortage due to low oil price, FX curbs * President Buhari has spoken against devaluation of the naira * Oil producer has five exchange rates confusing firms, investors * Business-friendly vice president…
dollar to naira

CBN caves in to pressure, releases new forex guidelines - Today

The Central Bank of Nigeria (CBN) in apparent response to the cries of Nigerian over the suffering occasioned by the scarcity of foreign exchange, has released some amendments to the current policy. In a statement on Monday by its Acting…

Nigeria's central bank to sell dollars at 20 pct above interbank rate - Reuters

ABUJA Feb 20 (Reuters) - Nigeria's central bank will sell dollars to consumers at 20 percent above the interbank rate, as part of an effort to reduce the premium people pay on the black market, the bank said on Monday. Nigeria has been running…

CBN forex allocation inadequate, say manufacturers - Punch

Anna Okon Manufacturers have described the $567.31m allocated to the industrial sector by the Central Bank of Nigeria in the month of January as a drop in the ocean. The President, Manufacturers Association of Nigeria, Dr. Frank Jacobs,…