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The Black-Market exchange rate of the naira to the U.S. dollar is approximately ₦752.50 per 1 US dollar. [ 68 ] According to a recent report by Naija News , the parallel market exchange rate of the naira to the U.S. dollar is around ₦1483 per 1 USD, significantly higher than the official Central Bank of Nigeria rate.
In 2016, the black-market exchange rate of the Naira was about 60% above the official rate. The central bank releases about $200 million each week at the official exchange rate. However, some companies cite that budgets now include a 30% "premium" to be paid to central bank officials to get dollars. [157]
This is an accepted version of this page This is the latest accepted revision, reviewed on 2 December 2024. "Hundred million" redirects here. For the song by Treble Charger, see Hundred Million. Natural number 100000000 List of numbers Integers ← 10 0 10 1 10 2 10 3 10 4 10 5 10 6 10 7 10 8 10 9 Cardinal One hundred million Ordinal 100000000th (one hundred millionth) Factorization 2 8 × 5 8 ...
The Nigerian aviation industry generated 198.62 billion naira (€400 million) in 2019, representing a contribution of 0.14% to GDP. It was the fastest-growing sector of the Nigerian economy in 2019. Passenger traffic increased from 9,358,166 in 2020 to 15,886,955 in 2021, a significant increase of over 69%.
The Nigerian naira notes are the official banknotes of Nigeria, the currency of which is the Nigerian naira (NGN). The naira is subdivided into 100 kobo. The naira is subdivided into 100 kobo. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender in the country.
The United Nations released $100 million on Friday for humanitarian emergencies in 10 countries in Africa, the Middle East, Asia and the Caribbean. Acting U.N. humanitarian chief Joyce Msuya said ...
As of December 2023, there were estimated to be just over 16 million dollar-millionaires in the world according to the World's Wealthiest Cities Report 2024 by Henley & Partners. The United States had the highest number of millionaires (5.5 million) of any country, whilst New York is the wealthiest city with 349,500 millionaires. [ 7 ]
The following are the highest-grossing Nigerian films of all time in Nigerian cinemas.Revenues from special screenings, DVD sales, online streaming and theatrical screenings outside English-speaking West Africa are excluded from this gross total.