Naira makes incredible recovery against the Dollar…. see current value

After a 3-day fatal free fall, the Nigerian currency has recovered against the U.S dollar in the parallel market.  See screen shot detailed below:

naira exchange

The naira which exchanged for a dollar in the black market yesterday for N373 has gained so much momentum today, 10th of June, 2016.



  1. It is sad. The banks are even adding to the problem. Using ATM cards to withdraw dollar if you travel to U.S. is even worst as our banks use the parallel market rates. One is baffled seriously as we don’t know what CBN is doing about this exploitation by the banks. O je ibanuje to ga

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