Black Market Dollar To Naira Exchange Rate Today Monday 7th March 2022

The Dollar To Naira Exchange Rate Today at Black Market,  official and Parallel market exchange rates for Monday, March 7th, 2022.

 

Access the Dollar To Naira Exchange Rate Today Black Market, at the Bureau De Change (BDC) rates, as well as official dollar rate and Central Bank of Nigeria (CBN ) rates here.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official dollar rate to naira today, Monday March 7th, for $1 dollar to naira = ₦415.50/$.

According to data from the FMDQ Security, where forex is officially traded, the naira-to-dollar opened at ₦415.50/$ on Monday, 7th, after closing at ₦416.67/$1 on Friday, March 4th, 2022.

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Abokifx Exchange Rate In Nigeria Today Black Market

How much is exchange rate of Dollar to Naira in Black Market today in Nigeria?

The dollar is worth ₦568 naira today at the Lagos Parallel Market (Black Market), according to the current exchange rate. Players  buy a dollar for ₦565 naira and sell a dollar for ₦568, according to the current exchange rate at Bureau De Change (BDC).

The Abokifx Dollar To Naira Black Market

The Central Bank of Nigeria (CBN) does not recognise the black market (also known as the parallel market), and customers who want to trade foreign currencies should contact their local banks.

Trading at the NAFEX official window (CBN Exchange rate Dollar to naira )

The exchange rate between the naira and the USD opened at 415.58/$ on Friday, March 4th,  2022 and closed at 416.67/$1.

Dollar to Naira (USD to NGN)	Dollar to naira black market today In Lagos
Buying	565
Selling	568

 

Click Here To See All Daily Dollar to Naira exchange rate today black market

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Dollar To Naira Today Black Market Port Harcourt

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The Nigerian Naira to Dollar parallel Market today in Rivers State March 7th (Parallel Market) sells at ₦568/1$, according to sources at Bureau De Change (BDC).

Aboki Exchange Rate In Nigeria Today 2022

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Dollar to Naira (USD to NGN)	Black Market Dollar To Naira  Rate Today  in Port Harcourt
Buying Rate	562
Selling Rate	568

 

Convert US Dollar to Nigerian Naira Today, March 7th, 2022. How much are 100 dollars in Naira? 

USD Dollar	Conversion of Dollar Naira
1 USD	415.50 NGN
10 USD	4,150.0 NGN
100 USD	41,500 NGN

 

Black Market Exchange Rate in Nigeria Today Range

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Dollar to Naira at Black Market Rate Today 7th March, 2022. The U.S. Dollar to Nigerian Naira in Black Market Today.

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Dollar to Naira (USD to NGN)	Black Market Exchange Rate in Nigeria range
Buying Rate	560-563
Selling Rate	565 -568

 

 

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Oil nears $140, highest since 2008 as NNPC announces 21 pipelines vandalised.

Oil prices continued to rise on Monday morning, reaching $140, the highest level since Umaru Musa Yar’Adua’s presidency.

Brent was trading as high as $139.13 per barrel at 5 a.m., according to Reuters data, before falling to $127 per barrel.

Similarly, the U.S. oil benchmark, West Texas Intermediate crude futures, jumped to $12605 per barrel.

Oil prices have risen to their highest level since July 2008, as the United States and its allies consider banning Russian oil imports, a move that would “further isolate Russia from the global economy.”

• Black Market Dollar To Naira Exchange Rate Today Monday 7th March 2022

“Our bill would prohibit the import of Russian oil and energy products into the United States, end normal trade relations with Russia and Belarus, and take the first step toward barring Russia from joining the World Trade Organization.” “We’d also give the Executive Branch the authority to raise tariffs on Russian imports,” said US Secretary of State Antony Blinken.

Meanwhile, the Nigerian National Petroleum Company Limited (NNPC Ltd) reported a N37.50 billion trading surplus in September 2021.

This is a 352 percent increase from the surplus of N8.29 billion in August 2021.

The increase in trading surplus was largely due to increased earnings of NNPC’s Upstream subsidiary, the Nigerian Petroleum Development Company, according to details in the September 2021 NNPC Monthly Financial and Operations Report (MFOR) (NPDC).

Black Market Dollar To Naira Exchange Rate Today Monday 7th March 2022

After deducting the expenditure profile from the revenue in the period under consideration, the trading surplus or deficit is calculated.

As a result, NNPC Group’s operating revenue in September 2021 was reduced by 29.87 percent, or N191.90 billion, compared to August 2021, to N450.45 billion. Similarly, expenditure fell by 34.87 percent, or N221.11 billion, to N412.92 billion for the month.

• Black Market Dollar To Naira Exchange Rate Today Monday 7th March 2022

In a statement released over the weekend, Garba Deen Muhammad, Group General Manager, Group Public Affairs Division, NNPC Ltd, said that expenditure as a percentage of revenue in the month under review was 0.92 percent, down from 0.99 percent the previous month.

According to the report, total Crude Oil and Gas export receipts in September 2021 were $348.63 million, up from $224.29 million in August 2021.

Crude oil receipts totaled $8.38 million, while gas and other receipts totaled $55.25 million and $285.00 million, respectively.

• Black Market Dollar To Naira Exchange Rate Today Monday 7th March 2022

From September 2020 to September 2021, total crude oil and gas export receipts totaled $2.03 billion.

For the month of September 2021, a total of 1.39 billion litres, or 46.31 million litres per day, were supplied in the downstream sector to ensure uninterrupted supply and effective distribution of petrol across the country.

NNPC reported 21 pipeline points vandalised in the month under review, the same number as in August 2021.

The Port Harcourt area accounted for 5% of the vandalised points, while the Mosimi area accounted for 95%.

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