Monierate
@monierate
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Currency rates and Financial data across various platforms in Nigeria and Africa. USD • CAD • USDT • EUR • ⚡️#BTC • 🛎 Instant Alerts
Earth
Joined March 2023
With significant growth in 2024, @monierate now helps an average of 120,000 people per month across 217 countries access reliable financial data. Here’s a snapshot of our impact: transforming lives and helping businesses attract customers who convert >>> 1/3
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Nigeria postponed the 5% fuel surcharge till Jan 2026 to ease living costs. Policy pivot = short-term breathing room for households & businesses. Who doesn’t want some extra naira this festive season?
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Flutterwave’s remittance licence suspended. UBA’s forex licence suspended. If you send/receive money via Ghana, expect delays. 📉 (Source: Business Post NG & https://t.co/Z5rTKSk3EU, Sept 2025)
billionaires.africa
Billionaires.Africa is the world's premier source of news and information on African billionaires and UHNWIs.
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Sending dollar to Nigeria 🇳🇬 Wednesday 10 September | 01:50 PM 🏦 Sendwave............ ₦1,511.02 🏦 Nala................ ₦1,509.43 🏦 SendSprint.......... ₦1,508.42 🏦 Cambridge Currencies ₦1,504.46 🏦 Flutterwave Send.... ₦1,495.93
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Sending dollar to Nigeria 🇳🇬 Tuesday 09 September | 01:50 PM 🏦 SendSprint.......... ₦1,506.43 🏦 Sendwave............ ₦1,506.15 🏦 Nala................ ₦1,505.96 🏦 Cambridge Currencies ₦1,505.33 🏦 Flutterwave Send.... ₦1,496.92
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MTN isn’t just selling airtime anymore—they’re funding innovation. 🚀 20 startups are in its new Cloud Accelerator, each with ₦5m equity-free grants plus access to MTN Cloud, MoMo & Chenosis. 25% are fintechs, so expect smoother payments and smarter apps in your pocket.
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From Sept 8, imports under $300 are duty-free. Why care? Cheaper gadgets, meds & clothes from abroad. Good news for online shoppers & small resellers. (Source: Nairametrics, Sept 2025)
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Sending dollar to Nigeria 🇳🇬 Monday 08 September | 01:50 PM 🏦 Cambridge Currencies ₦1,506.83 🏦 Sendwave............ ₦1,506.06 🏦 Nala................ ₦1,504.97 🏦 SendSprint.......... ₦1,497.48 🏦 Remitly............. ₦1,491.90
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CBN may cut lending rates soon as inflation eases. Why should you care? Cheaper loans → easier to start that hustle, expand your shop, or take personal credit. 💡 (Source: Punch NG, Sept 2025)
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Nigeria’s fintechs (PalmPay, Moniepoint, Omniretail) are among Africa’s fastest-growing companies. Translation: more jobs, better services, and new ways to move money. Your phone is your new bank. 📱💡
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Africa’s fintechs raised $3.2bn in 2024 💸. These startups are building the apps you’ll use to send money, save in dollars, and escape bad bank charges. 🚀
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Sending dollar to Nigeria 🇳🇬 Sunday 07 September | 01:50 PM 🏦 Cambridge Currencies ₦1,524.50 🏦 Sendwave............ ₦1,510.03 🏦 SendSprint.......... ₦1,507.42 🏦 Nala................ ₦1,505.48 🏦 Remitly............. ₦1,499.79
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Sending dollar to Nigeria 🇳🇬 Saturday 06 September | 01:50 PM 🏦 Cambridge Currencies ₦1,521.46 🏦 Sendwave............ ₦1,510.03 🏦 Nala................ ₦1,509.43 🏦 SendSprint.......... ₦1,507.42 🏦 Remitly............. ₦1,498.71
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Sending dollar to Nigeria 🇳🇬 Friday 05 September | 01:50 PM 🏦 Cambridge Currencies ₦1,521.86 🏦 Sendwave............ ₦1,510.03 🏦 Nala................ ₦1,509.43 🏦 SendSprint.......... ₦1,507.42 🏦 Remitly............. ₦1,498.93
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Sending dollar to Nigeria 🇳🇬 Thursday 04 September | 01:50 PM 🏦 Cambridge Currencies ₦1,519.05 🏦 Nala................ ₦1,512.76 🏦 SendSprint.......... ₦1,507.42 🏦 Sendwave............ ₦1,501.01 🏦 Remitly............. ₦1,500.06
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Sending dollar to Nigeria 🇳🇬 Wednesday 03 September | 01:50 PM 🏦 Cambridge Currencies ₦1,525.92 🏦 Sendwave............ ₦1,523.15 🏦 SendSprint.......... ₦1,520.36 🏦 Nala................ ₦1,519.84 🏦 Remitly............. ₦1,509.15
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Sending dollar to Nigeria 🇳🇬 Tuesday 02 September | 01:50 PM 🏦 Cambridge Currencies ₦1,526.37 🏦 Sendwave............ ₦1,522.07 🏦 Nala................ ₦1,521.32 🏦 SendSprint.......... ₦1,518.37 🏦 Remitly............. ₦1,509.92
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Transfers in Nigeria are exploding, NIBSS (Nigeria Inter-Bank Settlement System) processed ₦1.07 quadrillion in 2024. You're already part of it every time you hit “send” on a bank app. Cash is losing, transfers are winning.
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Despite an African funding slowdown, Nigeria’s fintechs pulled $331.6m in 2024 (about 30% of Africa’s total). If investors trust Naija fintech, it means more reliable apps, faster services, and new ways for you to manage money from your phone
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Nigeria & Brazil are teaming up on fintech, mobile money & payments. Fresh ideas, better tech, and possibly cheaper, faster ways for you to send or receive money. From Abuja to Rio, cashless is going global.
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