Commercial Banks’ Borrowing From CBN Drops By 89% in August
The apex bank lends money to banks through the SLF at interest rate of 500 bases points (bps) above the Monetary Policy Rate (MPR).
September 1, 2026
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Naira Black Market,CBN Rate Tuesday Sept 1• Commodity Prices
Today, the Naira is exchanging at the Black Market and the CBN rate as follows : Black Market Rates • 1 US Dollar is 1398 Naira. •1 Great British Pound (GBP) is 1890 Naira. •1 Euro (EUR) is 1595 Naira. •1 Canadian Dollar (CAD) is 1020 Naira. •1 Chinese Yuan is 190 Naira. •1 South…