Black Market Dollar To Naira Exchange Rate Wednesday, 19 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

on Dollar to Naira rate at the official and black market exchange rate January 19th, 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, Wednesday, January 19th 2022, 1 United States Dollar equals 414.50 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 ₦414.50/$1 on Wednesday 19th , after it closed at ₦414.20 to a $1 on Tuesday, 18th January 2022.

How much is exchange rate of in Black Market today?

The exchange rate for a at Lagos Parallel Market (Black Market) players buy a dollar for ₦565 and sell at ₦570 on Wednesday, January 19th 2022, according to data obtained from Bureau De Change (BDC).

Today

Dollar to Naira (USD to NGN) Today
Buying Rate 565
Selling Rate 570

 

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 ₦414.30/$1 on 18th January 2022 and closed at ₦414.20/$1. Showing a change of 0.08%.

Top Investors pocket N138.05bn as Nigeria’s stock market rebounds from bearish trading

The Nigerian stock market ended its bearish streak on Tuesday, with a 0.57 percent increase in equity capitalization at the end of the day’s trading.

 

As a result, investors earned N138.05 billion on Tuesday, as the equity capitalization increased from N23.92 trillion to N24.05 trillion.

The All-Share Index gained 256.23 basis points to close at 44,655.89, up from 44,399.66 the day before.

On Tuesday, investors exchanged 235.23 million shares worth N1.91 billion in 4,151 transactions.

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This was higher than the 214.31 million shares worth N2.68 billion that changed hands in 4,410 transactions the day before.

Sky Aviation leads the gainers’ list with the share price rising by N0.53kobo to move from N5.30kobo to N5.83kobo per share at the end of trading.

Courville’s share price increased by 8.57 percent to N0.38kobo per share, up from N0.35kobo.

Black Market Wednesday

The share price of FTN Cocoa increased by 8.33 percent, rising from N0.36kobo to N0.39kobo per share.

Dangote Cement increased its share price by N1.25kobo, moving from N17 to N18.25kobo.

 

Berger Paint’s stock rose 5.84 percent to N8.15kobo per share, up from N7.70kobo per share.

NEM topped the losers’ table, with its share price dropping from N3.96kobo to N3.63kobo per share, a loss of N0.33kobo.

Black Market Dollar To Naira Exchange Rate Wednesday

Sunu Assurance’s share price dropped from N0.34kobo to N0.32kobo per share during trading, a loss of 5.88 percent.

Regal Insurance’s share price fell 4.26 percent to N0.45kobo per share, down from N0.47kobo per share.

Sovereign Insurance fell 4% to N0.24kobo per share, down from N0.25kobo per share.

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  • Black Market Dollar To Naira Exchange Rate

Wapic rounded out the top five after losing 3.92 percent of its value, dropping from N0.51kobo to N0.49kobo per share.

With 38.10 million shares worth N40.1 million, Transcorp led the day’s trading.

GTCO traded a total of 18.73 million worth N476.48 million.

Jaiz Bank came in second, with 14.98 million shares worth N9.81 million.

First Bank sold 13.41 million shares worth N161.06 million, while Ecobank sold 14.49 million worth N126.34 million.

 

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

 

 

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