Black Market Dollar To Naira Exchange Rate Tuesday, 25 January 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 on Dollar to Naira rate at the official and black market exchange rate January 25th, 2022 can be accessed here on Ejes Gist News

 

Read Ejes Gist News latest updates  on Black Market Dollar to naira exchange rate 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 25th 2022, 1 United States Dollar equals 415.29 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 ₦415.29/$1 on Tuesday 25th , after it closed at ₦415.29 to $1 on Monday,  January 23rd,  2022.

How much is exchange rate of today?

The exchange rate for a at Lagos Parallel Market (Black Market) players buy a dollar for ₦565 and sell at ₦568 on Tuesday, January 25th 2022, according to data obtained from Bureau De Change (BDC).

Today

(USD to NGN) Today
Buying Rate 565
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.

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Trading at the official NAFEX window

The exchange rate between the Nigerian Currency and the US dollar opened at ₦414.95/$1 on 19th January 2022 and closed at ₦415.38/$1. Showing a change of 0.68%.

 

Meanwhile, the bullish run that began last week continued on Monday, with shareholders receiving N40 billion in dividends.

This increased the total value of investments held by shareholders in the Nigerian stock exchange to N24.74 trillion, up from N24.72 trillion on Friday.

However, the index fell 29.08 basis points from Friday’s 45,957.35 All Share Index at the close of trading, bringing the NGX index to 45,928.27 points on Monday.

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Meanwhile, the capital market’s investment value increased today, with over 278.60 million shares traded in 4,447 deals worth N2.88 billion.

In comparison, investors traded 281.58 million shares for N2.41 billion in 3,739 transactions last week Friday.

Livingtrust led the top five gainers on Monday, with a gain of N0.10kobo in its stock, bringing its equity to N1.14kobo per share from N1.04kobo.

The value of the NNFM share increased by N0.75kobo, ending trading at N8.65kobo per share, up from N7.90kobo.

Black Market Tuesday

 

The Academy’s share price increased by 9.09 percent, from N0.66kobo to N0.72kobo per share.

Courtville increased by 8.70 percent, from N0.46kobo per share to N0.50kobo per share.

Associated Bus Transport gained 5.88 percent, closing at N0.36kobo per share, up from N0.34kobo per share.

Regal Insurance was the top decliner, with its share price falling from N0.42kobo to N0.38kobo per share after losing 9.52 percent of its value.

After losing 7.69 percent of its asset value during trading, the FTN Cocoa share depreciated from N0.39kobo to N0.36kobo per share.

NEM’s share price fell N0.20kobo to N3.50kobo per share, down from N3.70kobo.

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Sovereign Insurance fell 4.17 percent to N0.23kobo per share, down from N0.24kobo.

Cutix rounded out the list by losing N0.10kobo in market value, dropping from N2.50kobo to N2.40kobo per share.

Chams was the most actively traded stock, with 8.11 million shares worth N38.05 million traded.

UBA traded N284.73 million worth of 35.11 million.

Courtville came in second place with 33.32 million shares worth N16.54 million.

Access Bank sold 17.06 million shares worth N166.41 million, while Sterling Bank sold 18.77 million worth N30.10 million.

 

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

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