Black Market Dollar To Naira Exchange Rate Today Saturday, April 30, 2022

Here is the Latest Dollar To Naira Exchange Rate Today Black Market at the official and Parallel market exchange rates today, Saturday, April 30th, 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, Saturday April 30th, for $1 dollar to naira = ₦415.26/1$.

According to data from the FMDQ Security, where forex is officially traded, the naira to dollar opened at ₦415.26/1$ on Saturday, April 30th, after closing at ₦417.26/1$ on Sunday, April 29th, 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 ₦585 naira today at the Lagos Parallel Market (Black Market), according to the current exchange rate. Players  buy a dollar for ₦580 naira and sell a dollar for ₦585, 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.

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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 29th April 2022 and closed at ₦417.26/$1.

Dollar to Naira (USD to NGN)	Black Market Exchange Rate In Lagos
Buying	580
Selling	585

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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 30th (Parallel Market) sells at ₦585/1$, 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	580
Selling Rate	585

 

Convert US Dollar to Nigerian Naira Today, April 30th 2022. How much are 100 dollars in Naira? 

USD Dollar	Conversion of Dollar Naira
1 USD	415.26 NGN
10 USD	4,152.6 NGN
100 USD	41,526 NGN

 

Black Market Exchange Rate in Nigeria Today Range

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Dollar to Naira Black Market Rate Today 30th 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- 580
Selling Rate	580 – 585

 

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 30th, 2022

Meanwhile, according to a research, oil theft, illegal refining, and pipeline damage cost Nigeria between N30 and N60 trillion every year.

The report was the result of research funded by Shell Petroleum Development Company and carried out by a team from the University of Port Harcourt (UNIPORT) (SDPC).

Ben Naanen, the principal researcher, stated at the report’s public presentation in Delta on Friday that criminals stole 200,000 barrels of crude oil, or 14% of Nigeria’s 1.4 million barrels per day production.

Other sources, he said, had recently estimated the volume of stolen crude at 470,000 barrels per day.

Black Market Dollar To Naira Exchange Rate Today Saturday, April 30, 2022

The loss was calculated between N8.2 billion and N17 billion each day, totaling N30 trillion and N60 trillion per year, based on a crude oil price of over $100 per barrel and an official market exchange rate of N411/$1.

According to the professor, the financial loss pales in comparison to the massive ecological harm and other consequences in the Niger Delta and several South-East states.

“Nigeria must go beyond conventional approaches to address the threat; if old methods aren’t working, we must think outside the box,” he stated. Nobody knows everything, but Nigeria needs to find a new way to deal with the theft as well as the environmental and human disasters that have arisen.

“A trip to the creeks reveals destroyed places all everywhere. Pipes placed by oil thieves run for several kilometres to storage bunkers. For boiling, there are fire-resistant tanks. The items are transported by Cotonou boats to various sales stations.”

Black Market Dollar To Naira Exchange Rate Today Saturday, April 30, 2022

Vincent Nwabueze, the head of Shell’s Ogoni Restoration Project (ORP), corroborated the news, saying that tidal waves in the Niger Delta coastal area washed away pollution and killed hundreds of aquatic animals.

“We are looking beyond Nigeria in terms of pollution size,” he said. Oil theft is not limited to Nigeria; it also occurs in Russia, China, Japan, and Mexico. However, the governments of those countries are working hard to keep it under control. People in Nigeria are now raising questions as their knowledge grows.

“Without a partnership between oil companies and universities, industrialisation will not happen.”