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Fifteen months into President Tinubu’s tenure, the rate of one dollar to naira has gone up by 245%
When Olusegun Obasanjo took office in 1999, the exchange rate was ₦97 to $1; it was ₦128 under Yar'Adua in 2007. During Jonathan's tenure in 2010 it was ₦151 while it was ₦199 when Buhari was in office. Despite efforts to let market forces decide the rate, the naira continues to weaken. Will the current administration turn things around soon?

Bureau de Change and Inter-Bank Naira-Dollar exchange rates for every June between 2011 and 2021
There has been concern over the significant differences between Bureau de Change (BDC) and Inter-Bank exchange rates over the years. Following the CBN’s recent move to stop forex sales to BDCs, we look at the differences in rates in the past decade.

Seven months into President Tinubu's first tenure, the rate of one dollar to naira has gone up by 95%
Every Nigerian president since 1999 left office with a higher dollar to naira exchange rate than when they took office. Will President Tinubu's tenure be the exception?


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