Dollar To Naira Exchange Rate Today, 4th July 2022

Friday, 1st July: Here is the principle points about the Greenback to Naira rate at the official and murky market alternate rate.

Read Kumornews replace on the official greenback rate in nigeria to boot to Dark Market charges, Bureau De Change (BDC) charges, and CBN charges.

How Much Is Greenback To Naira Change Payment This day Qualified Payment?

The official rate as we remark time, Friday, July 1st, 2022, for $1 greenback to naira = ₦421.60/$1.

In response to the suggestions bought from the FMDQ, the build Naira is traded formally, the alternate rate between the naira and the US greenback opened at ₦421.60/$1 on Friday 1st after it closed at ₦425.05  to a $1 on Thursday, 30th June 2022.

Kumornews stories that the greenback to naira alternate rate has maintained a mean of N416.69 to a greenback for the explanation that foundation of the fresh year.

How worthy is a greenback to naira as we remark time within the murky market?

The alternate rate for a greenback to naira at Lagos Parallel Market (Dark Market) gamers converse a greenback for N600 and sell at N608 on Friday, 1st July, in response to sources at Bureau De Change (BDC).

Please show that the Central Financial institution of Nigeria (CBN) does no longer survey the parallel market (murky market), because it has directed participants who acquire to comprehend in Forex to come their respective banks.

Greenback to Naira Dark Market Payment This day

Trading at the official NAFEX window

The alternate rate between the naira and the US greenback opened at ₦421.60/$1 on 1st July, 2022 and closed at ₦425.00/$1. Exhibiting a commerce of –0.01% and a day-to-day turnover of $78.86 million.

In response to knowledge from FMDQ, ahead rate went as high as ₦427.85 and as low as ₦400.00.

Space rate: The greenback sold to the naira as high as ₦444.00 and as low as ₦411.10.

A location alternate rate is primarily the most fashionable note level available within the market to without delay alternate one forex for but one more, for delivery on the earliest that you just would possibly maybe perhaps mediate of worth date.

NCC Records 413% Upward thrust In Recordsdata Utilization In spite of Low Broadband

The Nigerian Communications Payment has recorded an elevated in knowledge utilization no topic boasting a lower than 50 per cent broadband penetration in four years.

In response to NCC, Nigeria’s Web knowledge utilization elevated from 68,154.12 terabytes in 2018 to 350,165.39 terabytes and a broadband penetration elevated from 19.97 per cent (38.12 million) in January 2018 to 40.88 per cent (78.04 million) in 2021.

There modified into furthermore upward thrust in GSM Web subscribers from 100.23 million in January 2018 to 141.62 million.

When knowledge utilization elevated from 68,154.12TB in December 2018 to 125,149.86TB as of December 2019, the NCC had acknowledged, “The amplify in knowledge utilization is without delay linked to the elevated Broadband penetration within the country within the year.

‘The commission supplied the main regulator give a enhance to for Operators to implement the more than a few initiatives within the year that elevated knowledge utilization within the country.”