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

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

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

 

The latest news on 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?

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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.

 

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

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 ( )

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) In Lagos
Buying 588
Selling 590

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Port Harcourt


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).


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


Today 18th April  2022. The .


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate 580- 588
Selling Rate 588 – 590

Dollar To Naira Exchange Rate Today Black Market

xchange Rate of Dollar to Naira yesterday  Black Market  Closed at ₦590/$

is where you get your and Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate 584
Selling Rate 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 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.

 

The Nigerian Naira is the currency of Nigeria. Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nairas is NGN. And the currency symbol is ₦.

 

Check: How do I fund my eNaira wallet; Steps on How To Fund eNaira Wallet From Bank Account

Dollar To Naira Exchange Rate Today Black Market ( This Week )

As Ejes Gist News reports, during the first trading day of the week on Monday, April 4, 2022, in the Parallel Market, also known as the Black Market, the USD opened the week at ₦588. Since last Monday, when it opened at ₦578 Naira per dollar, there has been a 2 naira change in the exchange rate.

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First Bank .

First of Nigeria Plc Currency Exchange Rate is $1 = ₦480.00

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Zenith bank Dollar to naira exchange rate today.

Zenith Bank Plc Currency Exchange Rate $1 = ₦481.00

Western Union USD to naira exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦479.04

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦480.00.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦481.0

UBA USD to Naira exchange rate today.

UBA Bank of Nigeria Currency Exchange Rate $1 = ₦480.01

Access Bank USD to Naira exchange rate today

Access Bank PLC Currency Exchange Rate $1 = ₦480.09.

Dollar To Naira Exchange Rate Today

 

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

eNaira Currency ,Dollar To Naira Exchange Rate Today

 

The eNaira wallet was launched by the Federal Government, led by Central Bank Governor Godwin Emefiele, to facilitate transactions and support the Naira (₦).

 

Click here to learn more about the eNaira wallet.  eNaira wallet

 

The USD to Naira Black Market Calculator depends on the volume of dollars available in the black market.

Disclaimer:  The black market exchange rate of the US dollar to the Nigerian naira is regulated by supply and demand, but the is determined by the CBN Governor and monetary policy.

In Nigeria, there is no uniform exchange rate.

Also, visit Ejes Gist News for USD to Naira exchange rate today black market as we will keep you updated with the latest updates on the , Crude,  FX Market.

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