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The official exchange rate set by the Central Bank of Nigeria: naira to U.S. dollar is approximately ₦767.54 per 1 US dollar. This rate is almost two times different from the illegal black market exchange rate. The Black-Market exchange rate of the naira to the U.S. dollar is approximately ₦752.50 per 1 US dollar.
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 Central Bank of Nigeria (CBN) is the sole issuer of legal tender in the country. [ 1][ 2]
15.20 1,523 3,979 24 Osun State: ₦2.30 5.69 14.86 1,030 2,691 25 Ebonyi State: ₦2.24 5.55 14.50 1,675 4,376 26 Jigawa State: ₦2.16 5.35 13.97 794 2,074 27 Gombe State: ₦2.10 5.20 13.58 1,360 3,553 28 Taraba State: ₦2.04 5.05 13.27 1,424 3,720 29 Borno State: ₦1.96 4.85 12.67 698 1,823 30 Nasarawa State: ₦1.86 4.60 12.01 1,569 ...
But businesses with turnovers exceeding ₦100,000 pay fees between ₦3,000 (~$6) and ₦5,000 (~$10) monthly. ... 15 hours ago. America’s space industry seems mature, but the supply chain that ...
Lateef Fagbemi. On 31 May 2024, the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) called for an indefinite general strike, demanding the country's monthly minimum wage be raised from ₦30,000 to ₦494,000. This came as a response to a national cost-of-living crisis, as the price of food and electricity overtook the minimum wage ...
Foreign reserves. $38.77 billion (31 December 2017 est.) [ 19] All values, unless otherwise stated, are in US dollars. Change in per capita GDP of Nigeria, 1950–2018. Figures are inflation-adjusted to 2011 International Geary-Khamis dollars. The economy of Nigeria is a middle-income, mixed economy and emerging market [ 27][ 28] with expanding ...
The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world’s investment in special purpose entities, which are often set up for tax reasons. — "Piercing the Veil", International Monetary Fund ...
VND 365,000 billion (2023) (equivalent to USD 15 billion) Number of employees. 10,600 (As of Nov 30 2023) Website: www.lpbank.com.vn: