Latest Forex News in Nigeria on Dollar to Naira rate at the official and black market exchange rate January 21st, 2022 can be accessed here on Ejes Gist News
This page covers the following Questions
- How Much Is Naira Per Dollar Today?
- How Much Is Dollar In Black Market Today?
- What is the Black market exchange rate in Nigeria Today?
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.
How Much is Dollar to Naira Official Exchange Rate Today?
The official rate today, Friday, January 21st 2022, 1 United States Dollar equals 415.48 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 ₦415.48/$1 on Friday 21st , after it closed at ₦414.50 to $1 on Thursday, 19th January 2022.
How much is exchange rate of Dollar to Naira in Black Market today?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦565 and sell at ₦570 on Friday, January 21st 2022, according to data obtained from Bureau De Change (BDC).
|Dollar to Naira (USD to NGN)||Black Market Exchange Rate Today|
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 ₦415.42/$1 on 19th January 2022 and closed at ₦416.33/$1. Showing a change of 0.78%.
CWG, Dangote Cement lead trading as investors gain N248bn
Following a 1.01 percent increase in equity capitalization on Thursday, investors in the Nigerian capital market pocketed N248.0 billion.
This increased the equity capitalization to N24.72 trillion, up from N24.47 trillion at the end of Thursday’s trading.
The All-Share Index closed at 45,890.52, up 460.38 basis points from the previous day’s close of 45,430.14.
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On Thursday, investors traded 873.49 million shares worth N31.54 billion in 4,342 transactions.
This was higher than the 252.93 million shares worth N8.92 billion that changed hands in 4,218 transactions the day before.
NNFM topped the gainers’ chart after its share price increased by N0.65kobo to N7.20kobo per share, moving from N6.55kobo to N7.20kobo.
Black Market Dollar To Naira Exchange Rate Friday
Learn Africa’s share price increased by N0.11kobo to end trading at N1.29kobo per share, up from N1.18kobo.
Cadbury’s stock rose 7.95 percent to N9.50kobo per share, up from N8.80kobo previously.
Linkage Assurance increased by 7.55 percent, from N0.53 to N0.57 per share.
Jaiz Bank rose 6.35 percent to N0.67kobo per share, up from N0.63kobo per share.
Update on Black Market Dollar To Naira Exchange Rate Friday
Dangote Sugar was the biggest loser, with its stock dropping from N18.25kobo to N17.75kobo per share after losing N0.50kobo in value.
After losing 2.70 percent of its asset value during trading, Stanbic IBTC’s stock fell from N37 to N36 per share.
Ardova’s stock fell N0.35kobo to close at N13.10kobo per share, down from N13.45kobo.
FCMB fell 1.67 percent to N2.95 kobo per share, down from N3 per share.
Honeywell Flour rounded out the list, dropping from N3.35kobo to N3.30kobo per share after losing 1.49 percent of its market value.
With 517.57 million shares worth N300.19 million, CWG led the day’s trading.
Dangote Cement exchanged N28.77 million for 102.91 million.
First Bank was the next to sell, with 54.04 million shares worth N647.95 million.
Sovereign Insurance traded 20.98 million shares worth N4.88 million, while Transcorp sold 34.10 million worth N34.70 million.
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- Black Market Dollar To Naira Exchange Rate
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Dollar To Naira Exchange Rate
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