Wednesday, 29th June: This is the records about the Dollar to Naira payment at the obliging and dim market replace payment.
Read Kumornews update on the obliging greenback payment in nigeria as effectively as Dark Market charges, Bureau De Change (BDC) charges, and CBN charges.
How Grand Is Dollar To Naira Change Fee On the present time Apt Fee?
The obliging payment currently, Wednesday, June 29th, 2022, for $1 greenback to naira = ₦421.80/$1.
Per the records got from the FMDQ, where Naira is traded officially, the replace payment between the naira and the US greenback opened at ₦421.80/$1 on Wednesday 29th after it closed at ₦421.00 to a $1 on Tuesday, 28th June 2022.
Kumornews reviews that the greenback to naira replace payment has maintained an common of N416.69 to a greenback since the muse of the brand new 365 days.
How critical is a greenback to naira currently in the dim market?
The replace payment for a greenback to naira at Lagos Parallel Market (Dark Market) gamers remove a greenback for N590 and promote at N610 on Wednesday, June 29th 2022, in accordance to sources at Bureau De Change (BDC).
Please philosophize that the Central Bank of Nigeria (CBN) would now not discover the parallel market (dim market), as it has directed participants who are searching to preserve in Foreign replace to technique their respective banks.
Dollar to Naira Dark Market Fee On the present time
Dollar to Naira (USD to NGN) | Dark Market Change Fee On the present time |
Buying Fee | 590 |
Selling Fee | 610 |
Buying and selling at the obliging NAFEX window
The replace payment between the naira and the US greenback opened at ₦421.80/$1 on 29th June, 2022 and closed at ₦424.88/$1. Exhibiting a replace of 0.80% and a day-to-day turnover of $112.83 million.
Per knowledge from FMDQ, ahead payment went as excessive as ₦436.00 and as low as ₦420.00.
Space payment: The greenback supplied to the naira as excessive as ₦444.00 and as low as ₦410.00.
A location replace payment is the present designate level in the market to straight replace one forex for one other, for shipping on the earliest imaginable value date.
Electricity: DisCos Price To GenCos Fall By 50% – Document
Electricity Distribution Companies’ cost to Technology Companies for electrical energy period has dropped by 50 p.c, Kumornews understands.
Data from the Nigerian Electricity Regulatory Commission (NERC) showed that DisCos absorb been unable to pay GenCos stout cost for the quantity of energy generated in January 2022.
Which implies that, the period firms recorded a 50 per cent earnings shortfall, The Punch reviews.
A breakdown of the records showed that even supposing the 26 producing plant life submitted an bill totalling approximately N72bn, DisCos absorb been ready to remit easiest N37bn, inserting the percentage fall in cost to GenCos to 50 per cent.
The 11 utility firms safe electrical energy tariffs on behalf of the Nigerian Electricity Supply Industry, after which it shares funds to the GenCos and the transmission firm.
GenCos’ feedstock for energy production is majorly gasoline. A breakdown of the records showed that Kanji obtained an bill of N3bn for January, however was paid easiest N1.5bn.
Jebba had an bill of N4bn however obtained N2bn, Shiroro had an bill of N3bn however obtained N1.7bn, whereas Egbin, the ultimate energy plant in Nigeria submitted an bill of N10bn, however obtained paid easiest N5bn.