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Latest US Dollar To Naira Black Market Rates Today, 12 August 2022

What’s the Dollar to Naira Change charge on the official CBN charge, aboki fx, and the black market? How a lot is the Dollar to Naira change charge at the moment, eleventh August 2022? You change your greenback to Naira at these charges, otherwise you convert your greenback to Naira at the newest, official CBN charge, black market, or parallel market charge.
How A lot IsDollar To Naira ExchangeRate At this time Official Charge?
The official charge at the moment, Thursday, August eleventh, 2022, for 1 greenback to naira = 427.00/$1.
In accordance with the information obtained from the FMDQ, the place Naira is traded formally, the change charge between the naira and the US greenback opened at 427.00/$1 on Thursday eleventh August and closed at 430.25 to $1.
US Dollar to Naira Black Market Charge At this time, eleventh August 2022.

Dollar to Naira (USD to NGN)
Black Market Change Charge At this time

Shopping for Charge
660

Promoting Charge
700

SapaTV stories that the US greenback to naira change charge modifications hourly. The change charge fluctuates relying on the quantity of {dollars} obtainable and the demand for it. This implies the change charge you purchase and promote the greenback might be totally different hours later (excessive or low).
Elements that might Affect International Change Rates in Nigeria

Situations of Commerce
Speculators
Authorities Debt
Curiosity Rates
Inflation Rates

Bureau De Change operators have cited a scarcity of FX and a surge in demand for the latest uncontrolled uptrend recorded available in the market. In the identical vein, some financial institution customers who’ve FX of their domiciliary account instructed Nairametrics that they haven’t been capable of withdraw their funds from the financial institution attributable to tightened liquidity.

TheNigerian Ports Authorityand Ports and Terminal Operators (Nigeria) Restricted is allegedly underneath investigation for failing to remit lease and all through charges collected between 2006 and June 2022, amounting to $68.473m to the Federal Authorities.
The Nigerian Ports Authority is being investigated by the Public Accounts Committee of the Home of Representatives.
The committee can be investigating PTOL for allegedly utilizing an change charge totally different from the official one authorised by the Central Financial institution of Nigeria in calculating income accruing to the federal government.
The Workplace of the Auditor Basic for the Federation raised the problems in an audit question within the annual report introduced to the Nationwide Meeting.
The Managing Director of the NPA, Mohammed Bello-Koko, had in a submission to the committee, alleged that one of many port operators accountable for the Port Harcourt port in Rivers State and PTOL used their change charges in calculating income.
Bello-Koko stated PTOL used N116 to the greenback at a time when the official change charge was mounted at N305 to the greenback by the CBN in 2016.
The written presentation by the NPA, dated July 27, 2022, was in response to a letter from the committee.

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