The Naira Briefing

What moved the naira, and why.

Rates, policy and honest context - the blog behind the market terminal.

Wristwatch Prices in Nigeria and the Dollar Factor

16 October 2026

Why wristwatches prices in Nigeria track the dollar: imported goods, duty and freight, and how the exchange rate sets the price.

Shoe and Sneaker Prices in Nigeria and the Dollar Factor

16 October 2026

Why shoes and sneakers prices in Nigeria track the dollar: imported goods, duty and freight, and how the exchange rate sets the price.

How to Open a Domiciliary Account at TAJ Bank: Steps and Rates

16 October 2026

How to open a TAJ Bank domiciliary account in 2026: the documents, funding and withdrawal rules, who it suits, and the FX rate that applies.

How to Open a Domiciliary Account at Lotus Bank: Steps and Rates

16 October 2026

How to open a Lotus Bank domiciliary account in 2026: the documents, funding and withdrawal rules, who it suits, and the FX rate that applies.

How to Open a Domiciliary Account at Coronation Bank: Steps and Rates

16 October 2026

How to open a Coronation Bank domiciliary account in 2026: the documents, funding and withdrawal rules, who it suits, and the FX rate that applies.

How to Open a Domiciliary Account at Citibank Nigeria: Steps and Rates

16 October 2026

How to open a Citibank Nigeria domiciliary account in 2026: the documents, funding and withdrawal rules, who it suits, and the FX rate that applies.

How to Open a Domiciliary Account at Standard Chartered Nigeria: Steps and Rates

16 October 2026

How to open a Standard Chartered Nigeria domiciliary account in 2026: the documents, funding and withdrawal rules, who it suits, and the FX rate that applies.

How to Send Money from Nigeria to Zimbabwe: Methods, Rates and Fees

16 October 2026

How to send money from Nigeria to Zimbabwe in 2026: the naira to US dollar rate, apps and bank options, documentation, fees and how long a transfer takes.

How to Send Money from Nigeria to Mauritius: Methods, Rates and Fees

16 October 2026

How to send money from Nigeria to Mauritius in 2026: the naira to Mauritian rupee rate, apps and bank options, documentation, fees and how long a transfer takes.

How to Send Money from Nigeria to Israel: Methods, Rates and Fees

16 October 2026

How to send money from Nigeria to Israel in 2026: the naira to Israeli shekel rate, apps and bank options, documentation, fees and how long a transfer takes.