Black Market Dollar To Naira Exchange Rate Tuesday, 18th January 2022

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

on Dollar to Naira rate at the official and black market exchange rate January 18th, 2022 can be accessed here on Ejes Gist News


Read Ejes Gist News latest updates  on Black Market today, Bureau De Change (BDC) rates, as well as the official dollar rates  and CBN rates.


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Important Note : Please note that the exchange rate changes hourly. It depends on the volume of dollars available and the demand. What it means is that you can buy or sell 1 dollar at 435 and the price can change (high or low) within hours.

How Much is Dollar to Naira Official Exchange Rate Today?

The official rate today, Tuesday January 18th 2022, 1 United States Dollar equals 414.30 Nigerian Naira. 

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦414.30/$1 on Tuesday 18th , after it closed at ₦414.10 to a $1 on Monday, 17th January 2022.


The exchange rate for a at Lagos Parallel Market (Black Market) players buy a dollar for ₦562 and sell at ₦568 on Tuesday , January 18th 2022, according to data obtained from Bureau De Change (BDC).


(USD to NGN) Today
Buying Rate 562
Selling Rate 568


Please be aware that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), and has advised individuals interested in trading in foreign exchange to contact their respective banks.


Trading at the official NAFEX window

The exchange rate between the Nigerian Currency and the US dollar opened at ₦413.18/$1 on 17th January 2022 and closed at ₦414.10/$1. Showing a change of 0.98%.

Top Investors lose ₦30bn as Nigeria’s stock market’s bearish trading reaches third day

The bearish situation in the Nigerian capital market reached the third day on Tuesday following the crash in shareholders’ investment by 0.12 percent at the close of the day’s business.

As a result, the equity capitalization fell by N30 billion on Tuesday, from N23.95 trillion to N23.92 trillion.

The All-Share Index fell 55.01 basis points to close at 44,399.66, down from 44,454.67 the day before.

Also Read:  Npower Latest News Today Tuesday, 18th Jan 2022 – On Stipend Payment – October, November and December


On Tuesday, 4,410 transactions totaled 214.31 million shares worth N2.68 billion.

This was lower than the 405.74 million shares worth N9.82 billion traded in 3,880 transactions on Monday.

TIP topped the gainers’ chart, rising 10% from N0.40kobo to N0.44kobo per share at the close of trading.

Sunu Assurance’s share price increased by 9.68 percent to N0.34kobo per share, up from N0.31kobo.

The share price of Eterna increased by N0.39kobo, moving from N5.61kobo to N6 per share.

WAPIC rose 6.25 percent to N0.51kobo per share, up from N0.48kobo.

Black Market Tuesday

Consolidated Hallmark Insurance’s stock rose 4.48 percent to N0.70kobo per share, up from N0.67kobo per share.

Veritas Kapital was the biggest loser, with its share price dropping from N0.23kobo to N0.21kobo per share, a loss of 8.70 percent.

Mutual Benefit’s share price fell 7.41 percent during trading, from N0.27kobo to N0.25kobo per share.

Cornerstone’s share price fell 7.27 percent to N0.51kobo per share, down from N0.55kobo per share.

Black Market Dollar To Naira Exchange Rate Tuesday

BUA Foods dropped N4.20kobo to close at N61.80kobo, down from N66 per share.

Courtville rounded out the top five after losing 5.41 percent of its value, dropping from N0.37kobo to N0.35kobo per share.

With 39.34 million shares worth N43.05 million, Transcorp led the day’s trading.

First Bank exchanged N305.97 million worth of 25.49 million.

GTCO came in second with 24.81 million shares worth N625.08 million.

Fidelity Bank sold 10.35 million shares worth N27.22 million, while Zenith Bank sold 20.91 million worth N532.96 million.

Also Read: NASIMS Adds Resignation Button, Asks Npower Batch C1 Beneficiaries To Resign If They Can’t Bear Lopsided Payment


Also Read : How to Apply for New CBN N500,000, N750,000 and N3,000,000 Non-Interest and Collateral Free Targeted Credit Facilities



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That’s  in Nigeria. Always visit this website for daily USD to Naira Exchange Rate



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