Black Market Dollar To Naira Exchange Rate Today Tuesday 8th March 2022

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

The Latest Dollar To Naira Exchange Rate Today at Black Market,  official and Parallel market exchange rates for Tuesday, March 8th, 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  Exchange Rate Today Official Rate?

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The official dollar rate to naira today, Tuesday March 8th, for $ = ₦415.31/$.

According to data from the FMDQ Security, where forex is officially traded, the naira-to-dollar opened at ₦415.31/$ on Tuesday, 8th, after closing at ₦416.07/$1 on Monday, March 7th, 2022.

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How much is exchange rate of ?

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 ₦562 naira and sell a dollar for ₦568, according to the current exchange rate at Bureau De Change (BDC).

The 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 415.50/$ on Monday, March 7th,  2022 and closed at 416.07/$1.

Dollar to Naira (USD to NGN) Dollar to naira black market today In Lagos
Buying 562
Selling 568

 

Click Here To See All Daily black market


Port Harcourt


The Nigerian Naira to Dollar parallel Market today in Rivers State March 8th (Parallel Market) sells at ₦568/1$, 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 562
Selling Rate 568

 

Convert US Dollar to Nigerian Naira Today, March 8th, 2022. How much are 100 dollars in Naira?.

USD Dollar Conversion of Dollar Naira 
1 USD 415.31 NGN
10 USD 4,153.1 NGN
100 USD 41,531 NGN

 

Black Market Exchange Rate in Nigeria Today Range


Dollar to Naira at Black Market Rate Today 8th March, 2022. The Latest Dollar To Naira Exchange Rate Today are as follows;


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria range
Buying Rate 560-562
Selling Rate 566 -568

Black Market Dollar To Naira Exchange Rate Today Monday 4th March 2022

Black Market Exchange Rate  Dollar to Naira yesterday  Black Market  Closed at ₦572/$

is where you get your and Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate 565
Selling Rate 572

 

 

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Nigeria sold $394.03bn worth of oil in 10 years.

According to the Nigeria Extractive Industries Transparency Initiative (NEITI), the total aggregate financial flows from the oil and gas sector to the Nigerian government’s account totaled $394.029 billion over a ten-year period.

This was revealed in NEITI’s most recent annual report, which was published on its website on Monday.

The remittance to the government account occurred from 2011 to 2020, according to the report.

Tuesday 8th March 2022

According to NEITI, oil companies remitted $14.65 billion to the account in 2020, accounting for 71.17 percent of total earnings.

However, according to the NEITI report, revenue fell by 40% in the year under review, compared to the $34.22 billion generated by the sector in 2019.

In addition, 51 oil and gas companies owe the federal government $3.17 billion, according to the report.

Dr. Orji Ogbonnaya Orji, the NEITI’s Executive Secretary, said that companies’ liabilities to the Federation as of ‘December 31st 2020 were N1.32 trillion or $3.17 billion, compared to the N2.6 trillion owed in 2019.’

The current debts, he explained, are collectible revenues due to the Federation from the Department of Petroleum Resources and the Federal Inland Revenue Service.

The report also detailed the revenue streams that were used to cover the liabilities in question. These include, among others, royalties on oil and gas, concession rentals, Petroleum Profit Tax, Company Income Tax, Education Tax, Value Added Tax, and Withholding Tax.

“NEITI’s brave public disclosure of companies’ liabilities to the Federation was in line with its national mandate and in fulfilment of its obligation as a member of the global Extractive Industries Transparency Initiative (EITI), not in any way against the companies,” Orji added.

‘NEITI’s disclosure aims to draw oil and gas companies’ attention to their obligations to remit all revenues due to the government, particularly at a time when the government is in desperate need of funds to rebuild the country’s infrastructure and improve the investment climate.

“As a result, NEITI will continue to support the companies and expect them to meet their obligations to the Federation in terms of payment of taxes, royalties, and levies, just as they do in other jurisdictions where they operate.”

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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 ₦.

 

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First Bank .

First of Nigeria Plc Currency Exchange Rate is $1 = ₦498.00

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.

Zenith Bank Plc Currency Exchange Rate $1 = ₦489.00

Western Union USD to naira exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦499.54

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦497.00.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦498.0

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UBA Bank of Nigeria Currency Exchange Rate $1 = ₦496.01

Access Bank USD to Naira exchange rate today

Access Bank PLC Currency Exchange Rate $1 = ₦499.09.

 

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 Dollar to Naira exchange rate today black market  and Latest Dollar To Naira Exchange Rate Today as we will keep you updated with the latest updates on the , Crude,  FX Market.

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