Rates, policy and honest context - the blog behind the market terminal.
A practical guide to accessing dollars at the CBN official rate in Nigeria: who qualifies, Form A, PTA/BTA, domiciliary accounts and realistic alternatives.
How Bureau de Change operators in Nigeria work, how their rates are set, the CBN licensing rules, and how to tell a licensed BDC from a street dealer.
What the parallel (black market) exchange rate is, how it's set, why it differs from the CBN rate, and how to read it safely before you change money.
There is no single "dollar to naira" rate. Here is what the official (CBN/NAFEM), parallel (black-market) and bureau de change rates actually mean, why they differ, and which one applies to you.
