Black market dollar to naira exchange rate for Thursday, Feb 10, 2022

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Dollar to Naira Black Market Exchange Rate Today , Black Market Dollar To Naira Exchange Rate Today Naira to Dollar

This page contains the latest Naija news on the black market exchange rate and the official exchange today, Thursday, February 10th, 2022.

 

Read Ejes Gist News latest updates  on Black Market Dollar to naira exchange rate today, Bureau De Change (BDC) rates, as well as the official dollar rates  and CBN rates.


This page covers the following Questions

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How Much is Dollar to Naira Official Exchange Rate Today?

The official rate today, Thursday, February 10th 2022,1 United States Dollar equals 417.05 Nigerian Naira. 

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦417.05/$1 on Thursday 10th , after it closed at ₦416.67 to $1 on Wednesday,  February 9th,  2022.

Convert US Dollar to Nigerian Naira.

How much is 1$ to a Naira?

5 USD 2,085.17 NGN
10 USD 4,170.35 NGN
25 USD 10,425.9 NGN
50 USD 20,851.7 NGN
100 USD 41,703.5 NGN
500 USD 208,517 NGN
1,000 USD 417,035 NGN

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The black market  at Lagos Parallel Market (Black Market) players buy a dollar for ₦565 and sell at ₦N574 on Thursday, February 10th 2022, according to data obtained from Bureau De Change (BDC).

Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 565
Selling Rate N574

 

Please be aware that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), and has advised individuals interested in trading in foreign exchange to contact their respective banks.

Trading at the official NAFEX window

The exchange rate between the Nigerian Currency and the US dollar opened at ₦415.15/$1 on 9th February 2022 and closed at ₦416.00/$1. Showing a change of 0.78%.

Spot rate: The dollar sold to the naira as high as ₦435.00 and as low as ₦430.00.

Important Note : Please note that the exchange rate changes hourly. It depends on the volume of dollars available and the demand. What it means is that you can buy or sell 1 dollar at 435 and the price can change (high or low) within hours.

Npower Latest News on Stipend Payment Today Thursday, Feb 10, 2022 – Npower December and January Payment News

Meanwhile,  MRS Oil Nigeria Plc has accused Panama-based Duke Oil of importing contaminated Premium Motor Spirits (PMS) in the country, following reports linking the company to recent contaminated PMS in the country.

MRS denied importing the substandard PMS, claiming that fuel importation into Nigeria was solely the responsibility of Duke Oil on behalf of the NNPC, and that the contaminated fuel was distributed to various retailing companies, according to a statement released on Wednesday.

What you need to know about Duke Oil, NNPC’s safe haven company

Duke Oil is a Nigerian National Petroleum Corporation (NNPC) subsidiary that serves as the government agency’s trading arm, making it the country’s sole importer of PMS.

The company was founded around 32 years ago, during Gen Ibrahim Babangida’s administration, with the registered name Sociedad Anonima, which means Anonymous Society.

Duke Oil’s shareholders are largely unknown or secret, and the company’s registered headquarters are in Panama, a Central American country known for providing safe haven to money launderers.

  • Black Market Dollar To Naira Exchange Rate

Related Questions:

How much is Thursday February 9th, 2022? .

The dollar to naira today is ₦417.05/$

Thursday February 9th, 2022?

According to data obtained by to Ejes Gist News 1000 dollars in is ₦417,050.00/$

today  Thursday February 9th, 2022?

1 dollar in naira is ₦417.05/$ according to data obtained from I & E window.

for today Thursday February 9th, 2022?

100 dollars in naira is ₦41,705.00/$ this according to data obtained by correspondent.

Latest Dollar To Naira Exchange Rate

Latest Dollar To Naira Exchange Rate

That’s all the latest news on in Nigeria. Always visit this website for daily Dollar to Naira Exchange Rate.

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