Naira Exchange Rates Wednesday, August 5

Nigerian commercial banks publish their own foreign exchange rates which may differ slightly from the Central Bank of Nigeria (CBN) official rate. These rates — covering the US Dollar (USD), British Pound (GBP), Euro (EUR), and South African Rand (ZAR) — are what you will pay or receive when buying or selling foreign currency through a branch or a Naira debit/credit card used abroad.

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20 Billion- Dollar Companies on NGX

20 companies listed on the Nigerian Exchange Group (NGX) now have a combined market capitalisations above $1 billion. The rankings are based on the official exchange rate of N1,362.20/$1 and closing share prices on Monday, July 28, 2026. Telecoms, banking, cement, consumer goods, energy and hospitality firms all feature in the billion-dollar club. MTN Nigeria…

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