Dollar to Naira Black Market Rate Today Tuesday, August 2, 2022

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

What is the to naira on the Nigerian , also known as the parallel market or Aboki fx? You can now find below the black market exchange rate for Today Tuesday, 2nd, August , 2022. You can exchange your US dollars at these rates.

This page answers the following questions:

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

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1. Now, How much is dollar to naira today in black market?

Dollar to Naira Black Market Rate Today ()

The exchange rate for a dollar to naira at the Lagos Parallel Market (Black Market) players buy a dollar for N700 and sell it at N705 on Tuesday , August 2nd , according to sources at Bureau De Change (BDC).

 

Please be aware that the parallel market, also referred to as the “black market,” 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.

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

The Black Market Naira To Dollar Exchange Rate Today also known as and the is also follows;

Dollar to Naira () Today
Buying Rate 700
Selling Rate 705

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 in Lagos? 

The is as follows;

Dollar to Naira Dollar to naira black market today in Lagos
Buying 700
Selling 705

Click Here  to See All Daily Dollar to Naira exchange rate today black market 


in black market today in Port Harcourt?

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  Rate Today  in Port Harcourt
Buying Rate 700
Selling Rate 705

 

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Dollar to Naira (USD to NGN) Dollar to Naira official exchange rate
Buying Rate 425.48
Selling Rate 420.85

 

3. 1 GBP to NGN – British Pounds to Nigerian Nairas Exchange Rate.

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Dollar to Naira (GBP to NGN) Pounds to Naira official exchange rate today 
Buying Rate 519.17
Selling Rate 520.78

 

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 441.49
Selling Rate 435.85

Other Currencies Exchange Rate.

  • Pounds to Naira Black Market is 850
  • Euro to Naira today Black Market 840

 

4. Convert US Dollar to Nigerian Naira Today, August 2nd 2022. How much are 100 dollars in Naira?

USD Dollar Conversion of Dollar Naira 
1 USD 425.48 NGN
10 USD 4,254.8 NGN
100 USD 42,548 NGN

 

Black Market Exchange Rate in Nigeria Today Range


The Dollar to Naira Black Market Rate Today 2nd August, 2022, across all cities


Dollar to Naira (USD to NGN) Black Market Exchange Rate in Nigeria  range
Buying Rate 700
Selling Rate 705

Dollar To Naira Exchange Rate Today Black Market

The Exchange Rate of Dollar to Naira yesterday  Black Market  Closed at ₦705/$

is where you get your and Today Abokifx Naira Rate

Dollar to Naira (USD to NGN) Black Market Exchange Rate Yesterday
Buying Rate 700
Selling Rate 705

 

5. What is the bank rate of dollar to naira today?

.

First of Nigeria Plc Currency Exchange Rate is $1 = ₦510.50

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Zenith bank Dollar to naira exchange rate today.

Zenith Bank Plc Currency Exchange Rate $1 = ₦519.00

Western Union exchange rate today.

Western Union  Currency Exchange Rate $1 = ₦517.04

Wema bank USD to naira exchange rate today.

Wema Bank Plc Currency Exchange Rate is $1 = ₦518.20.

GTBank USD to naira exchange rate today

GTBank Bank Plc Currency Exchange Rate is $1 = ₦518.0

UBA USD to Naira exchange rate today.

UBA Bank of Nigeria Currency Exchange Rate $1 = ₦515.01

Access Bank USD to Naira exchange rate today

Access Bank PLC Currency Exchange Rate $1 = ₦519.21.

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Meanwhile,

In the first half of 2022, BUA Foods earned N168.85 billion from its household products, exceeding the N151.73 billion in revenue made during the same period in 2021.

Although the company’s revenue increased 11.2 percent year over year, sales of its fortified sugar and wheat were less profitable during the review period, which caused turnover to slow.

Ripples According to information from Nigeria, Abdulsamad Rabiu’s business sold fortified sugar for N54.80 billion in the first half of this year, falling short of the N60.94 billion BUA Foods reported in the first half of 2021.

Wheat also saw a decline in profits, with BUA Foods earning N2.45 billion from sales of the product in the first half of 2022, less than the N2.73 billion reported during the same period in the previous year.

 

The sale of pasta, which brought in N25.88 billion between January and June of this year, slightly more than the N25.79 billion the manufacturer made during the same period in 2021, also reduced BUA Foods’ revenue.

According to BUA Foods’ H1 2022 financial statements, the company only experienced significant growth in non-fortified sugar, bakery flour, and molasses during the period under consideration.

In contrast, Rabiu’s business spent N116.78 billion during the first half of this year to produce these goods, while BUA Foods only spent N100.57 billion on their production.

BUA Foods’ profit after tax (PAT) increased by 13.7 percent to end the first half of 2022 with N39.30 billion, exceeding the N34.57 billion reported as PAT for the first half of 2021, so the cost of sales had little impact on it.

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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 ₦.

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

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  • Dollar 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

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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 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 USD to Naira exchange rate today black market as we will keep you updated with the latest updates on the , Crude,  FX Market.

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