Dollar To Naira Exchange Rate Today, 28 June 2022

Monday, 27th June: Right here is the facts about the Buck to Naira rate at the kindly and dusky market commerce rate.

Read Kumornews substitute on the kindly buck rate in nigeria as well to Black Market rates, Bureau De Switch (BDC) rates, and CBN rates.

How Grand Is Buck To Naira Alternate Rate This day Dependable Rate?

The kindly rate this day, Monday, June 27th, 2022, for $1 buck to naira = ₦420.50/$1.

In accordance to the tips received from the FMDQ, where Naira is traded formally, the commerce rate between the naira and the US buck opened at ₦420.50/$1 on Monday 27th after it closed at ₦420.12  to a $1 on Friday, 24th June 2022.

Kumornews reports that the buck to naira commerce rate has maintained an realistic of N416.69 to a buck because the starting of the contemporary one year.

How extra special is a buck to naira this day in the dusky market?

The commerce rate for a buck to naira at Lagos Parallel Market (Black Market) gamers defend a buck for N590 and promote at N606 on Monday, June 27th 2022, basically based on sources at Bureau De Switch (BDC).

Please point out that the Central Bank of Nigeria (CBN) does no longer watch the parallel market (dusky market), because it has directed folks who’re looking to mediate in Distant places change to capacity their respective banks.

Buck to Naira Black Market Rate This day

Trading at the kindly NAFEX window

The commerce rate between the naira and the US buck opened at ₦420.50/$1 on 27th June, 2022 and closed at ₦421.00/$1. Showing a change of 0.21% and a every day turnover of $152.96 million.

In accordance to recordsdata from FMDQ, forward rate went as excessive as ₦435.85 and as low as ₦420.00.

Attach rate: The buck equipped to the naira as excessive as ₦444.00 and as low as ₦413.00.

A build commerce rate is basically the preferred mark level in the market to straight away commerce one forex for one other, for transport on the earliest conceivable mark date.

FG Spends N1.243tn Monthly As Gas Subsidy Hits N600/litre – Oil Entrepreneurs

Oil sector operators have revealed that the amount spent as subsidy by the Federal Authorities on every litre of Top class Motor Spirit, popularly known as petrol, consumed in Nigeria is for the time being above N600.

The oil entrepreneurs stated that the price of unsubsidized petrol turn into as soon as in most cases greater than the price of Automotive Gas Oil, popularly identified as diesel.

In an interview with The Punch, the Deputy National President, Honest Petroleum Entrepreneurs Association of Nigeria (IPMAN), Zarma Mustapha, stated the price of petrol in Nigeria is set basically the most cost positive on this planet due to subsidy.

He stated diesel mark turn into as soon as for the time being between N800 and N850/litre, whereas the well-liked subsidised pump mark of petrol had remained at N165/litre. Diesel is no longer subsidised.