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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. Rate of the Nigerian naira for US$1 (1994–2005) This table shows the historical value of one U.S. dollar in Nigerian naira. PM = parallel market.
Net worth ( USD) Sources of wealth. Aliko Dangote. Nigeria. 13.9 billion [4] cement, sugar. Abdul Samad Rabiu. Nigeria. 6.7 Billion [5]
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.
Tables of historical exchange rates to the United States dollar. Listed below is a table of historical exchange rates relative to the U.S. dollar, at present the most widely traded currency in the world. [1] An exchange rate represents the value of one currency in another. An exchange rate between two currencies fluctuates over time.
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 manufacturing, financial, service, communications, technology, and entertainment sectors. [29] [30] It is ranked as the 39th-largest economy in the world in terms of ...
There are two different currencies called the CFA franc: the West African CFA franc (XOF) and the Central African CFA franc (XAF). XAF. FCFA. Cameroon. Central African Republic. Chad. Republic of the Congo. Equatorial Guinea. Gabon.
naira. Years of printing. October 1991– present. The Nigerian fifty-naira note ( ₦ 50 or NGN 50) is a denomination of the Nigerian currency. When the note was introduced in October of 1991, it was the banknote with the highest denomination in Nigeria at the time. [1] [2]
The following table presents a listing of Nigeria's 36 states ranked in order of their estimated total GDP in 2021 ... 50.30 2,962 7,739 4 Imo State: ₦7.68 19.02 ...