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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. This disparity highlights ...
3 Omo Ghetto: The Saga: 2020 ₦636,129,120 [3] SceneOne Productions Funke Akindele. JJC Skillz: 4 The Wedding Party: 2016 ₦452,288,605 [4] Ebonylife Films / FilmOne / Inkblot Production / Koga Studios Kemi Adetiba: 5 The Wedding Party 2: 2017 ₦433,197,377 [5] Ebonylife Films / FilmOne / Inkblot Production / Koga Studios Niyi Akinmolayan: 6 ...
Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar). In some places there is a thriving street trade by unlicensed street traders in US dollars or other stable currencies, which are seen as a hedge against local inflation. The exchange rate is ...
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%.
On 3 May 2022, after years of construction, a fertiliser production plant was commissioned near Lagos that will produce 3 million tonnes of fertiliser a year. [97] [98] With no more Russian fertiliser coming onto the world market in 2022 due to the invasion of Ukraine, Nigeria is filling a gap in the market. "The fertiliser market is a seller's ...
Assuming you are 45 and have $3 million in after-tax dollars, a simple formula can suggest how much income you’ll have in retirement. For decades, a figure of 4% had been used to calculate a ...
If you have $3 million to invest, you can safely and reliably earn anywhere from $3,000 to much as $82,500 a year in interest. If you are ready take more risk, you may earn more.
10.3 Billion: Sugar, flour, cement 365: Mike Adenuga Nigeria: 9.2 Billion: Telecommunication, petroleum: 156 Abdul Samad Rabiu Nigeria: 1.6 Billion Cement, Sugar 1425: Orji Uzor Kalu Nigeria: 1.3 Billion: Chairman Slok holding, Chairman daily sun, Chairman First International Bank Limited, Chairman New Telegraph