Latest Forex News in Nigeria on Dollar to Naira rate at the official and black market exchange rate January 10th, 2022 can be accessed here on Ejes Gist News
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 Exchange Rate Today Official Rate?
The official rate today, Monday January 10th 2022, for $1 dollar to naira = ₦418.25/$1.
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 ₦416.68/$1 on Monday 10th , after it closed at ₦416.00 to a $1 on Friday, 7th January 2022.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦563 and sell at ₦568 on Monday , January 10th 2022, according to sources at Bureau De Change (BDC).
Trading at the official NAFEX window
The exchange rate between the Nigerian Currency and the US dollar opened at ₦415.25/$1 on 7th January 2022 and closed at ₦₦416.00/$1. Showing a change of 0.58%.
NGX Roundup: Investors splash N59.01bn in stock market as BUA Foods leads trading.
Black Market Dollar To Naira Exchange Rate Friday, 10th January 2022
In four days this week, the Nigerian stock market traded 2.027 billion shares worth N59.014 billion in 15,750 transactions.
Despite trading one day less than the capital market’s regular trading period, investors sold more shares this week than they did the week before, when 995.361 million shares worth N13.209 billion were traded in 10,264 transactions.
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Sector with the best NGX performance.
The Consumer Goods Industry, Financial Services Industry, Conglomerates Industry, and ICT Industry were the top-performing sectors this week.
The Consumer Goods Industry traded 1.255 billion shares worth N51.973 billion in 2,581 deals, according to a breakdown of each sector’s contribution by bourse.
On the floor of the Financial Services Industry, investors traded 537.959 million shares worth N4.627 billion in 8,015 deals, while in the ICT Industry, 76.906 million shares worth N704.346 million were sold in 933 deals.
The top three stocks.
BUA Foods Plc, Wema Bank Plc, and Transnational Corporation of Nigeria Plc were the top three stocks for the week.
The three firms accounted for 67 percent of total equity turnover volume and 86.85% of total equity turnover value, respectively.
In 1,120 transactions this week, Wema Bank and Transcorp traded 1.349 billion shares worth N51.253 billion.
Black Market Dollar To Naira Exchange Rate Monday
This week’s top five NGX gainers.
The share price of Academy Press increased by N0.10kobo, rising from N0.50kobo to N0.60kobo per share.
The share price of Cornerstone Insurance increased by 19.57 percent, from N0.46 to N0.55 kobo per share.
Meyer ended the week with a share price of N0.55kobo, up 19.57 percent from its opening price of N0.46kobo.
Wema Bank gained N0.13kobo per share, moving from N0.72kobo to N0.85kobo.
Japaul Gold’s share price increased by 15.38 percent to N0.45kobo, up from N0.39kobo last week.
The week’s top five NGX losers.
Sunu Assurances was the biggest loser, falling 17.78 percent to close at N0.37kobo from N0.45kobo.
After losing N0.13 kobo this week, Consolidated Hallmark Insurance’s share price fell from N0.79 kobo to N0.66 kobo.
Sovereign Insurance’s stock price fell 13.33 percent this week, closing at N0.26kobo per share, down from N0.30kobo the previous week.
Vitafoam’s share price fell by N2.25 kobo to N20.25 kobo at the end of the week, down from N22.50 kobo the previous week.
NNFM dropped from N8 to N7.25kobo per share after losing N0.75kobo.
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