That is the information about Greenback to Naira fee on the official and black market alternate fee Right now December 7, 2021.

Learn Naija Information replace on the official greenback charges in addition to Black Market charges, Bureau De Change (BDC) charges, and CBN charges.

How A lot Is Greenback To Naira Trade Fee Right now Official Fee?

The official fee right now, Tuesday December seventh, for $1 greenback to naira = ₦413.63/$1.

In keeping with the information on the FMDQ Safety Trade the place foreign exchange is traded formally, alternate fee between the naira and the US greenback opened at ₦413.63/$1 on Tuesday seventh, after it closed at ₦415.00 to a $1 on Monday, sixth December 2021.

How a lot is alternate fee of Greenback to Naira in Black Market right now?

The alternate fee for a greenback to naira at Lagos Parallel Market (Black Market) gamers purchase a greenback for N560 and promote for N562 on Tuesday, December seventh 2021, in accordance with sources at Bureau De Change (BDC).

Please notice that the Central Financial institution of Nigeria (CBN) doesn’t recognise the parallel market (black market), because it has directed people who wish to have interaction in Foreign exchange to method their respective banks.

Buying and selling on the official NAFEX window

The alternate fee between the naira and the US greenback opened at ₦413.63/$1 on seventh December 2021 after closing at ₦415.00/$1 on Monday, sixth . Displaying a change of -0.05.

In keeping with information from FMDQ, foreign exchange turnover stands at $225.94 million.

In the meantime, some Giant-cap shares recorded worth losses because the Nigerian inventory market declined by N598 billion on the finish of final week.

The NGX All-Share Index depreciated by 2.63 per cent to shut the week at 42,167.91 foundation factors from 43,308.29bps whereas the market capitalisation of shares fell to N22tn from N22.6tn.

All different indices completed decrease, apart from the NGX Insurance coverage Index, which appreciated by 2.97 per cent, whereas the NGX ASeM, NGX Progress and NGX Sovereign Bond Indices closed flat, in accordance with The PUNCH.

Buyers on the ground of the NGX traded a complete turnover of 1.28 billion shares price N17.34bn in 21,052 final week, in distinction to a complete of three.44 billion shares valued at N30.92bn that exchanged palms in 21,109 offers the earlier week.

Measured by quantity, the monetary providers trade led the exercise chart with 984.543 million shares valued at N10.25bn traded in 11,029 offers.

It contributed 77.01 per cent and 59.09 per cent to the full fairness turnover quantity and worth respectively.

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