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USD/NGN Official₦1,478=
USD/NGN Parallel₦1,545▲ 0.4%
USDT/NGN₦1,538▲ 0.3%
Gap4.5%par./off.
Inflation22.9%y/y
MPR26.25%CBN
NGX ASI142,380▲ 0.8%
Brent$67.40▼ 0.6%
S&P 5005,842▲ 0.5%
Nasdaq 10021,140▲ 0.7%
USD/NGN Official₦1,478=
USD/NGN Parallel₦1,545▲ 0.4%
USDT/NGN₦1,538▲ 0.3%
Gap4.5%par./off.
Inflation22.9%y/y
MPR26.25%CBN
NGX ASI142,380▲ 0.8%
Brent$67.40▼ 0.6%
S&P 5005,842▲ 0.5%
Nasdaq 10021,140▲ 0.7%
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Home/Inflation & Saving in a Falling Naira
CPI · Fixed Deposit · T-Bills

Inflation

& Saving

How to protect your money when prices rise faster than deposit rates: fixed deposits, treasury bills, fintech savings and dollar alternatives. Nominal rate against inflation against the dollar, with real numbers.

1
// in this section
₦1,545
// USD/NGN parallel
4.5%
// official gap
22.9%
// inflation y/y
complete guide NV0
dollarnairainflation-saving-naira · NV0 · complete guide
Reference guide

How to Protect Your Money from Naira Inflation: Fixed Deposit, T-Bills & Dollar Alternatives

Nigerian inflation erodes naira savings every month. Compare fixed deposits, treasury bills, fintech apps and dollar alternatives to protect your real returns.

Read the complete guide →
NV0 · Reference14 min readUpdated 5 June
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