In a country like Nigeria, where people go for what they “NEED” rather than what they “WANT” it would be a good plan to start a business that can satisfy the needs of most people in Nigeria, this is because the population of the poor and average citizen is much more than the rich citizens, so you need to sit down and prepare a business plan that is flexible and realistic. Our smart tech means we’re more efficient – which means you get a great rate. If you are in this category then I would advise you to invest in buying stocks, once your money is available the next thing is to understand how the stock market works and I would be giving a brief detail on how buying of stocks can bring dividends. On the last week currencies rate was on $1.0E-5 USD higher. Price of one Nigerian Naira, cost 0 United States Dollar and converted with today exchange rate. On this graph you can see trend of change 1000000 NGN to USD. With our tiered pricing for large amounts, you get a lower fee on any transfers over 100,000 GBP. To start with, N1 million isn’t a lot of money like it sounds, considering the current status of the NGN. The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federation. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. The United States Dollar is also known as the American Dollar, and the US Dollar. No hidden fees. For you to buy stocks you need to hire a stock broker or make use of the services of a brokerage firm that would help you to gain access to the stock exchange because their work is to provide you with the best company’s shares you should consider purchasing. google_ad_height = 600; 4 Things To With 1 Million Naira in Nigeria, A List Of Portfolio Management Tips For Modern Day Trading, 10 Best Loans In Nigeria Without Collateral. You cannot say because you have a million naira and you think you can just start any business, that doesn’t work at all because you would just crash in no time and even regret why you used the 1 million naira to even start the business. FXConvert.net is free, fast and easy to use online tool which give latest rates of pair NGN-USD. We’re on a mission to bring transparency to finance, for people without borders. You have just converted one million naira to united states dollar according to the recent foreign exchange rate 0.00261438.For one million naira you get today 2,614 dollars 38 cents. When you invest in stocks you can easily build wealth and enjoy financial stability with your 1 million naira without stress. How do we collect this data? Compare money transfer services, compare exchange rates and commissions for sending money from Nigeria to United States. Yesterday this currency exchange rate has not changed by today. Yesterday this currency exchange rate has not changed by today. And gave1 million naira to the family of Isiaka Jimoh. The symbol for NGN can be written N. The symbol for USD can be written $. 10 Best Emergency Loans in Nigeria, Interest Rates, Requirements, Top 10 Undocumented Social Rules in Nigeria You Must Know, Top 3 Trading Challenges That Traders Face, Survival Fund Application 2020 – Steps and Guide | Survival Fund portal – www.survivalfundapplication.com, How to Apply for Nigeria Youth Investment Fund (NYIF) – Application Form Portal & Requirements – www.nyif.nmfb.com.ng, Ready, Steady, Go: Grab All the Benefits That Amazon AWS Certified Solutions Architect – Professional Certification Offers You, How to become a Medical Doctor in Nigeria. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to “Open Exchange Rates” and provides the information in its best way. And again let’s say hallo to baguette-cut black diamonds as the crown dial and 18 carat white gold case of that model are encrusted in the stones. Nairaland - Copyright © 2005 - 2020 Oluwaseun Osewa. You would find out that in the society we are today people hardly sponsor anything that has to do with education and research, rather they would focus on the entertainment industry, but it is not meant to be so. The exchange rate for the Nigerian Naira was last updated on October 16, 2020 from Yahoo Finance. Today NGN to USD exchange rate = 0.002618. The team comprises professionals and Consultants from different fields of human endeavour. Currently, the amount of foreign currency is regulated through weekly auctions, while the Central Bank sets the exchange rate. See How To Advertise. Most of the world’s richest hardly give out money to random persons, rather they would invest in the lives of people who are less privileged. Current exchange rate US DOLLAR (USD) to NIGERIA NAIRA (NGN) including currency converter, buying & selling rate and historical conversion chart. When police settles for brutality it should be at least 10 million dollars .....on humane grounds, you should compensate family with enough money for accommodation (buying a house) and also so enough for social welfare. It is subdivided into 100 kobo. I have successfully given you some advice and tips on what to do with one million naira in Nigeria, although there could be numerous uses, but I think what I have stated above would be useful enough to make sure your one million naira is not going to be wasted. Our smart tech means we’re more efficient – which means you get a great rate. Last month was lower on - $ 1.0E-5. The Nigerian Naira is divided into 100 kobo. We've partnered with other providers who believe in fairness and transparency. TransferWise gives you the real, mid-market, exchange rate, so you can make huge savings on international transfers. Historical Exchange Rates For Nigerian Naira to United States Dollar 0.002560 0.002574 0.002588 0.002602 0.002616 0.002630 Jun 21 Jul 06 Jul 21 Aug 05 Aug 20 Sep 04 Sep 19 Oct 04 120-day exchange rate history for NGN to USD Quick Conversions from Nigerian Naira to United States Dollar : 1 NGN = 0.00263 USD Price: $1 million. We use two factor authentication to protect your account. Let’s say you used to eat 3 times a day, now you would start eating 5 times daily? With 1 million naira, you can invest in educating yourself and reaping the benefits in the nearest future. We charge as little as possible, and we always show you upfront. FXConvert.net © 2020 Online currency converter. Convert 1 US Dollar to Nigerian Naira.
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