Dollar to Naira at black market exchange rate today October 6, 2022

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

How much is the dollar to naira exchange rate today?  The dollars to naira today in black market,  the aboki dollar to naira today also known as the parallel market or Aboki fx? You can now find below the black market Dollar to Naira exchange rate for Today Thursday, 6th, October, 2022. You can exchange your US dollars at these rates.


This page answers the following questions regarding dollars to naira black market rate


  • How much Dollar to Naira Black Market Exchange Rate Today?
  • What is the exchange rate in nigeria today black market?
  • how much is dollar to naira today in black market
  • What is the black market dollars to naira Bank rate today in Nigeria and CBN Exchange Rates?
  • What is the value of a pound in Naira?
  • What is the euro to Naira exchange rate? 

Ejes Gist Newspaper provides you with the most accurate dollar to naira at black market exchange rate.

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How much is dollar to naira black market and dollars to naira today in black market

Dollar to Naira Black Market Exchange Rate in Nigeria Today October 6th, 2022

The aboki dollar to naira today exchange rate,  for a dollar to naira at the Lagos Parallel Market (Black Market) players buy a dollar for N725 and sell it at N735 on Thursday, October 6th , according to sources at Bureau De Change (BDC).

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Please be aware that the parallel market, also referred to as the “black market dollar rate” is not recognised by the Nigerian Central Bank (CBN). Instead, the government advises people to use their own banks if they want to trade foreign exchange.

What is the Dollar to naira exchange rate today black market?

The Black Market Naira To Dollar Exchange Rate Today also known as Aboki dollar rate Today in Nigeria and the Abokifx exchange rate in Nigeria today black market is also follows;

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 725
Selling Rate 735

Please note that the rates at which you sell or buy forex might be different from what is written in this article because prices vary.

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What is the value of Dollar to naira black market today in Lagos? 

The Aboki exchange rate today in Lagos is as follows;

Dollar to Naira Dollar to naira black market today in Lagos
Buying 725
Selling 735

Click Here  to See All Daily dollars to naira black market rate


How much is black market dollar to naira today in Port Harcourt and Delta State?

The Black Market Dollar To Naira  Rate Today  in Port Harcourt is as follows;

Dollar to Naira (USD to NGN) Black Market Dollar To Naira Today  in Port Harcourt
Buying Rate 725
Selling Rate 735

 


CBN Official Dollar to Naira exchange rate.


Dollar to Naira (USD to NGN) Dollar to Naira official exchange rate
Buying Rate 435.09
Selling Rate 444.95

 

 1 GBP to NGN – British Pounds to Nigerian Nairas Exchange Rate.


Dollar to Naira (GBP to NGN) Pounds to Naira official exchange rate today 
Buying Rate 508.73
Selling Rate 532.78

 

1 EUR to NGN – Euros to Nigerian Nairas Exchange Rate.

Dollar to Naira (EUR to NGN) Euro to Naira official exchange rate today 
Buying Rate 452.34
Selling Rate 459.85

Other Currencies Exchange Rate.

  • Pounds to Naira Black Market is 910
  • Euro to Naira today Black Market 895

How Much Is A Dollar To A Naira Currently.

How much is 100 dollars in Naira?

USD Dollar Converting Dollar to Naira 
1 USD 435.09 NGN
10 USD 4,350.9 NGN
100 USD 43,509 NGN

 

Dollar to Naira Black Market Exchange rate in Nigeria Range. 


The Dollar to Naira Black Market Exchange rate 6th October, 2022, across all cities


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate 725
Selling Rate 735/735

Dollar To Naira Exchange Rate Today Black Market

The Exchange Rate of Dollar to Naira yesterday  Black Market  Closed at ₦735/$

AbokiFX.com is where you get your Abokifx Your Daily Naira Exchange Rate and Yesterday Abokifx Naira Rate.

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate 700
Selling Rate 735

 

What is the bank rate of dollar to naira today?

First Bank current dollar to naira exchange rate.

First of Nigeria Plc Currency Exchange Rate is $1 = ₦520.50

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Zenith bank Dollar to naira exchange rate today’s.

Zenith Bank Plc Currency Exchange Rate $1 = ₦529.90

Western Union USD to NGN exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦549.04

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦530.20.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦529.0

UBA USD to Naira exchange rate today.

UBA Bank of Nigeria Currency Exchange Rate $1 = ₦540.01

Access Bank USD to NGN exchange rate today

Access Bank PLC Currency Exchange Rate $1 = ₦521.21.

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Meanwhile, “As a result, some of them have declared force majeure and shut down, resulting in deferred production and, as a result, deferred revenue for us and the nation.” Ajiya stated.

In addition, the CFO of NNPC Limited defended the company’s N674 billion net profit for 2021, which had been rated low in comparison to its peers. Ajiya blamed it on NNPC Limited’s difficulties, which he claims people are not taking into account in their evaluation of the company’s performance.

“The fact remains that, with the Petroleum Industry Act (PIA) in place, such impediments have been removed, and thus the NNPCL will be able to perform better than other companies in terms of performance and dividend profits to its shareholders.” Those impediments that the PIA has now removed will enable us to deliver profits in the billions of dollars.”

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The Chief Financial Officer (CFO) of the Nigerian National Petroleum Corporation (NNPC) Limited, Umar Ajiya, said Nigeria loses $150 million in revenue every day.

According to Ajiya, pipeline vandalism and sideline production are factors in the loss. On Wednesday, he said this in an interview with Arise TV. This has kept Nigeria from benefiting from the high oil price.

Ajiya elaborated on the impact of pipeline vandalism, stating that 100 barrels of crude oil could be sent, but only 10 barrels would likely be received at the terminals.

He claims that oil companies can no longer tolerate such levels of theft and, as a result, have declared force majeure, causing the Nigerian government to lose revenue.

Also read: NNPC discovers 4km pipeline used to steal crude for 9 years, posing a threat to the Nigerian Navy

“Just before the Covid-19 pandemic, we had reached 2.3 to up to 2.7 million barrels per day in this country, but with the constant vandalism and theft, our operators can no longer tolerate such theft levels that you send 100 barrels and you probably get 10 barrels at the terminals.”

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Abokifx exchange rate in Nigeria today black market, .Naira Black Market Exchange Rates Today | Dollar To Naira. abokiFX Your daily NGN exchange rate

 

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The Nigerian NGN 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 ₦.

Check: How do I fund my eNaira wallet; Steps on How To Fund eNaira Wallet From Bank Account

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  • Dollars To Naira Exchange Rate Today

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 exchange rate of the dollars to naira black market is regulated by supply and demand, but the CBN Nigeria Exchange Rate is determined by the CBN Governor and monetary policy.

What are the major factors influencing dollars to naira today in black market.

Here are some of the reasons for the dollars-to-naira exchange rate decline.

Inflation Rates: Inflation is well understood to have a direct impact on black market exchange rates. If the Nigerian economy can be stabilised and inflation is brought under control, the naira will benefit; however, if the naira continues to fall, it could indicate that food and other necessities are becoming more expensive on a daily basis.

Interest Rates: Another tool to keep an eye on is interest rates. If the interest rate at which banks lend money rises, the economy will contract and the naira’s value will fall.

Government Debt:

National debt can have an impact on investor confidence and, as a result, the flow of funds into the economy. If capital inflows are significant, the naira exchange rate will rise in its favour.

Speculators: Speculators frequently influence the naira and USD exchange rates. They hoard money in the hope of making a profit, causing the naira to plummet even further.

Conditions of Trade: Despite the fact that Nigeria currently has a trade deficit, favourable trade terms will cause the naira to appreciate against the dollar. Everything is supplied by China, India, and the majority of Asian countries.

In Nigeria, there is no uniform us dollars to naira exchange rate.

Also, visit Ejes Gist News for us currency to naira exchange rate today black market as we will keep you updated with the latest updates on the Dollar To Naira  Exchange Rate Today, Crude,  FX Market. dollars to naira today in black market

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