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Dollar To Naira Exchange Rate Today, 3 June 2022 | USD to Naira

Enudi Golden by Enudi Golden
January 11, 2024
in business, Featured, Headline
Reading Time: 3 mins read
Latest Dollar To Naira Exchange Rate Today Saturday 21st January 2023
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Dollar To Naira Exchange Rate Today, 3 June 2022 : Here is the current USD to Naira rate today. See CBN & black market exchange rate for dollar to naira aboki fx. You change your USD to naira at these rate or convert dollar to naira at the latest black market rate or parallel market.

This is the news about the Dollar to Naira rate at the official and black market exchange rate.

Read GoldenNewsNg update on the official dollar rate in nigeria as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Thursday, June 2nd, 2022, for $1 dollar to naira = ₦418.83/$1.

According to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at ₦418.83/$1 on Thursday 2nd, after it closed at ₦419.00 to a $1 on Wednesday, 1st June 2022.

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Naija News reports that the dollar to naira exchange rate has maintained an average of N416.69 to a dollar since the beginning of the new year.

How much is a dollar to naira today in the black market?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N588 and sell at N620 on Thursday, June 2nd 2022, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 588
Selling Rate 620

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦418.83/$1 on 2nd June, 2022 and closed at ₦419.50/$1. Showing a change of 0.12% and a daily turnover of $760.20 million.

According to data from FMDQ, forward rate went as high as ₦453.55 and as low as ₦419.98.

Spot rate: The dollar sold to the naira as high as ₦444.00 and as low as ₦413.00.

A spot exchange rate is the current price level in the market to directly exchange one currency for another, for delivery on the earliest possible value date.

DisCos Record 47% Revenue Increase To Hit N757bn

Despite national grid collapse and technical issues experienced last year, eleven Distribution Companies across the country reportedly recorded an increase in revenue collection to the tune of N757bn, which is a 47 per cent surge.

The development according to a statistical report was due to the implementation of the service-reflective tariff in November 2020.

The Association of Nigerian Electricity Distributors’ 2021 report on Commercial Key Performance Indicator for its members said NESI ́its revenue collection in 2021 set a new record with an increment of N241bn.

The distribution companies had in the previous year, 2020 recorded only a sum of N516bn in revenue collection.

 

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Residents of a Lagos estate were left in shock on Thursday night after a young woman, Deborah Porsche, popularly known as Debporsche, was allegedly murdered by her ex-boyfriend, identified simply as Lintex, nearly a year after their breakup. According to reports, Lintex had repeatedly threatened Deborah since their split in August 2024, allegedly vowing: “If I don’t have you, nobody will. If I no marry you, blood go flow.” Deborah’s sister described her as a hardworking interior decorator who had just completed her National Youth Service Corps (NYSC). She further alleged that the deceased endured emotional abuse throughout her relationship with Lintex, which ultimately pushed her to walk away. On the night of the attack, the suspect disguised himself as a dispatch rider in an attempt to infiltrate the estate. Security guards reportedly stopped him at the gate, but he scaled the fence and gained entry to Deborah’s apartment. Eyewitnesses said Lintex first tampered with the gas cylinder line outside the apartment, allegedly trying to cause an explosion. When that failed, he forced his way inside and stabbed Deborah multiple times with a knife he brought along. Alarmed neighbours rushed to the scene and alerted the police. The suspect was subdued and handed over to law enforcement officers. Police authorities have confirmed the incident, stating that investigations are ongoing. Deborah’s tragic death has sparked outrage online and renewed calls for stronger legal protections for women against abusive and obsessive partners.
Headline

Man Arrested After Disguising as Dispatch Rider to Murder Ex-Girlfriend in Lagos

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