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When the naira was introduced, it had an official exchange rate of US$1.52 for ₦1, though a currency black market existed in which the naira traded at a discount relative to the official exchange rate. The official exchange rate set by the Central Bank of Nigeria: naira to U.S. dollar is approximately ₦767.54 per 1 US dollar.
The following are the highest-grossing Nigerian films of all time in Nigerian cinemas. The 2023 film A Tribe Called Judah currently leads the chart, with ₦1,404,187,806 grossed over a few months.
100,000,000 (one hundred million) is the natural number following 99,999,999 and preceding 100,000,001. In scientific notation , it is written as 10 8 . East Asian languages treat 100,000,000 as a counting unit, significant as the square of a myriad , also a counting unit.
A relatively paltry $4 million has been paid directly to families and individuals in the week since Hurricane Helene ravaged the Southeast. Feds say there’s no money left to respond to ...
The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina ...
10,000,000 (ten million) is the natural number following 9,999,999 and preceding 10,000,001. In scientific notation , it is written as 10 7 . In South Asia except for Sri Lanka , it is known as the crore .
WASHINGTON (Reuters) -Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing plant facility, the U.S. Commerce Department said ...
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]