Friday, March 1, 2024


September 26, 2023

Naira crashes to N1,000 per dollar despite Tinubu’s float experiment

The currency value has sunk to critical depths for those trying to access it at the parallel market, where most foreign exchange transactions are conducted in Nigeria.

President Bola Tinubu,Dollar and Naira
September 17, 2021

AbokiFX shuts down to see if it’ll help naira rise again

abokiFX purely provides benchmark parallel rate information which helps guide our users in almost 200 countries across the world.

Aboki FX
September 17, 2021

Dollar shortage cause of Naira’s freefall: LCCI

The LCCI said Nigeria needs to boost the supply side of the forex market through inflows from exports, diaspora remittances and crude revenues.

LCCI DG, Chinyere Almona
September 17, 2021

CBN declares AbokiFX boss wanted over naira collapse

AbokiFX is a platform known for publishing the exchange rate of Naira against other currencies. It began operations in 2015.

CBN Governor, Godwin Emefiele.
June 2, 2021

Naira slides to N500/$ at parallel market

With this, the spread between the black market and official market rates currently is pegged at N86.00, as of the close of business on Tuesday.