Latest Naira exchange rate against Dollars and Pounds on the parallel, BDC and CBN black market

CBN Directs Banks To Sell Forex To BDCs – Telegraph

The Central Bank of Nigeria (CBN) has directed agent banks to approved international money transfer operators to sell foreign currency accruing from inward money remittances to licenced Bureau De Change operators (BDCs).

 

The directive is in a circular with …

Naira Crash To N373/Dollar on Parallel Market

The naira’s free fall has come as a surprise to many stakeholders, who think that the new flexible forex policy introduced by the Central Bank of Nigeria (CBN) would have stabilised the currency.

The forex market swung left and right …

21/07/2016 – Naira Exchange Rate

 DollarsPoundsEuro
Buy/SellBuy/SellBuy/Sell
AM365/375475/495390/405
Mid365/375475/485390/405
PM365/375475/485390/405
Official BDC and CBN exchange rate for Naira against Dollar, Pounds and Euro for 21/07/2016.

20/07/2016 – Naira Exchange Rate

 DollarsPoundsEuro
Buy/SellBuy/SellBuy/Sell
AM362/368467/478388/402
Mid365/375480/495395/405
PM365/375480/495395/405
Official BDC and CBN exchange rate for Naira against Dollar, Pounds and Euro for 20/07/2016.

 

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