Dollar to Naira CBN Exchange Rate today: Dollar to Naira Black Market Exchange Rate Today. www.brandnewsday.com
BrandNewsDay Nigeria has compiled the official US Dollar to Naira exchange rate today in Nigeria, including the Dollar To Naira Aboki Exchange Rate, Bureau De Change (BDC) rate, dollar to naira yesterday, the CBN dollar to Naira rate, and Dollar To Naira Bank Rate Today Friday, April 15, 2022.
The exchange rate between the Naira to US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at ₦416.03 per dollar Today Friday, April 15, 2022, after the dollar to naira yesterday – Thursday, April 14, 2022, closed at ₦416.05 per $1. This represents a change of 0.01%.
Notably, the CBN dollar to naira rate, the apex bank buys the dollar at ₦414.03 rate and sells it at the rate of ₦416.03.
The Nigeria parallel market (black market dollar Aboki exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
The local currency, the naira opened at N585.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 15 April 2022, in Lagos Nigeria, after the dollar to naira yesterday closed at N587.00 per $1 on Thursday, 14 April 2022.
The local currency opened at N585.00 per $1 at the parallel market otherwise known as the black market, today, Friday, 15 April 2022, in Lagos Nigeria, after it closed at N585.00 per $1 on Thursday, 14 March 2022.
In a similar vein, in the Abuja Black Market where Forex is traded, players confirmed that they buy USD at the rate of N580 and sell back at the rate of N585.
The table below shows the latest black market rate of the U.S Dollar To Naira Aboki, the European Euro to Naira, and Great Britain Pounds To Naira.
| Date | Currency | Selling (NGN) | Buying(NGN) |
15 April 2022 | US DOLLAR | 585 | 580 |
15 April 2022 | POUNDS STERLING | 770 | 765 |
15 April 2022 | EURO | 630 | 625 |
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in its latest data released, disclosed that oil output dropped to an average of 1.24 million barrels per day (bpd) from 1.25 million in February 2022.
According to the regulatory commission, the data released represents a 0.80 per cent decrease from the previous month, representing the lowest production capacity so far in the year.
NUPRC disclosed that Nigeria is producing below 1.4 million barrels per day in 2022, failing to meet its Organisation of Petroleum Exporting Countries (OPEC) quota of about 1.8 million bpd.
Nigeria might have lost N900 billion in oil earnings for the month if the March oil price figure is used.
Statista noted that the average price of one barrel of Brent crude oil, the benchmark for Nigeria’s oil, was 117.25 US dollars in March 2022 as a result of the Russia-Ukraine war.
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