Black Market Dollar To Naira Exchange Rate Today Monday, April 18, 2022

Here is the Latest Dollar To Naira Exchange Rate Today Black Market at the official and Parallel market exchange rates today, Monday, April 18th, 2022?

 

The latest news on Dollar To Naira Exchange Rate Today Black Market, Bureau De Change (BDC) rates, as well as official dollar rate and Central Bank of Nigeria (CBN ) rates can be accessed here on Ejes Gist Newspaper

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

The official rate today, Monday April 18th, for $1 dollar to naira = ₦414.52/1$.

According to data from the FMDQ Security, where forex is officially traded, the naira-to-dollar opened at ₦414.52/1$ on Monday, April 18th, after closing at ₦414.86/1$ on Sunday, April 17th, 2022.

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 ₦590 naira today at the Lagos Parallel Market (Black Market), according to the current exchange rate. Players  buy a dollar for ₦588 naira and sell a dollar for ₦590, 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 recognize the black market (also known as the parallel market), and customers who want to trade foreign currencies should contact their local banks.

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

The exchange rate between the naira and the USD opened at ₦417.52/$ on 17th April 2022 and closed at ₦414.86/$1.

Dollar to Naira (USD to NGN)	Black Market Exchange Rate In Lagos
Buying	588
Selling	590

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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 April 18th (Parallel Market) sells at ₦590/1$, 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	588
Selling Rate	590

 

Convert US Dollar to Nigerian Naira Today, April 18th 2022. How much are 100 dollars in Naira? 

USD Dollar	Conversion of Dollar Naira
1 USD	414.52 NGN
10 USD	4,145.2 NGN
100 USD	41,452 NGN

 

Black Market Exchange Rate in Nigeria Today Range

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Dollar to Naira Black Market Rate Today 18th April  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	580- 588
Selling Rate	588 – 590

 

Despite the Central Bank of Nigeria’s multiple interventions to defend the Naira, the currency fell by N22 in the first quarter of 2022.

Black Market Dollar To Naira Exchange Rate Today Mon, April 18th, 2022

Meanwhile, MTN Nigeria, Dangote Cement, Stanbic IBTC, and UAC Nigeria are among the stocks that investors should keep an eye on as the capital market resumes trading this week.

 

The Ripples Nigeria stocks watchlist is a collection of stocks that are being kept an eye on for potential trading or investment opportunities. An investor may generate a list of equities for investment purposes on the spur of the moment. But, to save you the trouble, we’ve gone to the trouble of doing it based on certain parameters.

 

Please keep in mind that the Ripples Nigeria Stocks Watchlist is not a recommendation to buy, sell, or hold a stock. Before making any investment decision, you should consult with your financial advisor.

 

Dangote Cement is a Nigerian cement manufacturer.

Following strong earnings for the year 2021, investors’ appetite for the cement business has increased, resulting in a 2.37 percent increase in its market price last week.

 

Investors’ renewed confidence is benefiting Dangote Cement stockholders, as high demand increases the value of their investment, resulting in a N110.76 billion gain last week.

 

MTN Nigeria

 

The Central Bank of Nigeria (CBN) has granted MTN Nigeria a license to operate a mobile money business, marking the telecoms company’s first foray into the financial sector.

 

This increases MTN Nigeria’s revenue sources while also providing long-term investment value to y’ello network shareholders by driving long-term demand for the company’s shares.

 

IBTC Stanbic

 

Stanbic IBTC will start this week’s trading as a loser, after shareholders in the financial institution lost 5.86 percent of their investment during the previous week’s session.

Black Market Dollar To Naira Exchange Rate Today Monday, April 18th, 2022

On the back of lower demand from traders in the capital market, the lender’s market price fell to a low of N32.15kobo per share. Although the stock’s depreciation provides an opportunity for interested investors to buy the dip before the bulls snap at Stanbic IBTC.

 

UAC Nigeria .

The stock market appears to be bullish on UAC Nigeria, as evidenced by the 13.86 percent increase in shareholder investment in the food and beverage company last week.

 

The upswing run on UAC Nigeria’s stock is likely to continue into this week’s trading, but it also exposes the firm’s stock to a possible sell-off, which could result in shareholders losing some of their investment.