Business
Dollar To Naira Exchange Rate Today 22 September 2021
Dollar to Naira exchange rate today 22 September 2021, the black market rate has emerged.
The official dollar to naira exchange rate in Nigeria today includes the Black Market rates, Bureau De Change (BDC) rate, and CBN rates.
How Much Is Dollar To Naira Exchange Rate Today Official Rate?
The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at N412.89 per dollar on Wednesday, 22 September 2021, after it closed at N413.28 per $1 on Tuesday, 21 September. This represents a change of 0.08%.
Exchange Rate of Dollar To Naira in Black Market Today?
The Nigeria parallel market (black market dollar exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (Ogba and Ikeja market).
Lagos Parallel Market Rates September 22, 2021 (Black Market)
Ogba in Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N560.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 22 September 2021, in Ogba Lagos Nigeria after it closed N557.00 per $1 on Tuesday, 22 September 2021. This represents a change of $3 from the previous day.
Crystal News reports that in the black market, the players buy a dollar for N550 and sell for N560 on Wednesday morning, September 22, 2021. after they bought N550 for and sold N557 the previous day.
Ikeja in Lagos parallel market (black market dollar exchange rate today)
The local currency opened at N573.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 22 September 2021, in Lagos Nigeria, after it closed N573.00 per $1 on Tuesday, 22 September 202. This represents a change of $0 from the previous day.
The black market, the players buy a dollar for N570 and sell for N573 on Wednesday morning, September 22, 2021. after they bought N570 for and sold N573 the previous day.
How much is a dollar to naira today black market in Abuja, PH and Akwa Ibom?
The black market dollar to naira exchange rate today as seen the markets experience different rates as dealers in Abuja,PH and Uyo in Akwa Ibom State, southern Nigeria, on Wednesday, September 22, 2021, said the currency opened at N571.00 and N565.00 per $1 at the black market respectively.
President Bola Tinubu has reaffirmed the Federal Government’s commitment to rehabilitating and repositioning Nigeria’s dormant national refineries, declaring that the facilities will not be allowed to become stranded assets.
Tinubu was represented by the Permanent Secretary of the Ministry of Petroleum Resources, Mrs Patience Oyekunle, at the 20th OTL Africa Downstream Energy Week in Lagos on Monday.
The President said the government is adopting a more rigorous and commercially sustainable approach to the rehabilitation of the Port Harcourt, Warri and Kaduna refineries.
“At the same time, the government remains committed to ensuring that existing national refining assets are not allowed to become stranded investments,” the statement said.
“We are pursuing a more rigorous, commercially sustainable approach to the rehabilitation and repositioning of our refineries, supported by technical assessment, stronger partnerships, and improved operational discipline.”
The objective, according to the administration, is for Nigeria to refine more of its crude oil, create greater domestic value and become a reliable supplier of energy to Africa.
The national refineries, managed by the Nigerian National Petroleum Company Limited (NNPC), have remained largely inactive for years despite significant spending on turnaround maintenance. The NNPC has signed a memorandum of understanding with Chinese firms as part of ongoing efforts to revive the facilities.
Tinubu also noted the contribution of private refining capacity, particularly the Dangote Refinery, which has reached its 650,000 barrels-per-day nameplate capacity, in strengthening Nigeria’s prospects of becoming a net exporter of refined petroleum products.
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