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Currency Converter
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Exchange Rate Information
Official Rates:
1 USD = ₦1500.00
1 EUR = ₦1630.43
1 GBP = ₦1898.73
Black Market Rates:
1 USD ≈ ₦1650.00
Last updated: ${new Date().toLocaleString()}
Crypto Converter
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Top Cryptocurrencies
Crypto Exchange Rate Information
Current Rates (USD):
1 BTC = $60000.00 ≈ ₦90000000.00
1 ETH = $3000.00 ≈ ₦4500000.00
1 USDT = $1.00 ≈ ₦1500.00
Note: Rates may vary between exchanges. Includes estimated network fees.
Last updated: ${new Date().toLocaleString()}
Financial Calculators
Bank Rate Calculator
Interest: $0.00 (₦0.00)
Salary Calculator
Tax: $0.00 (₦0.00)
Net Salary: $0.00 (₦0.00)
Net Salary: $0.00 (₦0.00)
Bulk Currency Converter
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Investment Comparison: Real Estate vs. Stocks
Real Estate in Nigeria
+18%
Average annual return (2020-2024)
Pros:
- Tangible asset with utility value
- Potential for rental income
- Hedge against inflation
- Tax advantages in some cases
Cons:
- High entry cost
- Illiquid asset
- Maintenance costs
- Property taxes and fees
Stock Market (NGX)
+22%
Average annual return (2020-2024)
Pros:
- Lower entry cost
- High liquidity
- Diversification opportunities
- Dividend income potential
Cons:
- Market volatility
- Requires research/knowledge
- No physical asset
- Potential for total loss
Investment Calculator
Latest Investment News
Nigeria's Real Estate Market Shows Resilience Despite Economic Challenges
BusinessDay Nigeria
2 hours ago
NGX All-Share Index Hits Record High as Banking Stocks Rally
Nairametrics
5 hours ago
Market Data & Analysis
Forex Market Overview
Naira Exchange Rates
| Currency | Official Rate | Parallel Rate | Change (24h) |
|---|---|---|---|
| USD/NGN | ₦1,500.00 | ₦1,650.00 | -0.5% |
| EUR/NGN | ₦1,630.43 | ₦1,750.00 | +0.3% |
| GBP/NGN | ₦1,898.73 | ₦2,050.00 | +0.8% |
Last updated: ${new Date().toLocaleString()}
Forex Market News
CBN Introduces New Measures to Stabilize Naira
The Guardian Nigeria
3 hours ago
Dollar Supply Improves as Oil Prices Rise
Punch Newspapers
6 hours ago
Cryptocurrency Market Overview
Bitcoin (BTC)
$60,250.34
+2.5% (24h)
Ethereum (ETH)
$3,025.67
+1.8% (24h)
Tether (USDT)
$1.00
0.0% (24h)
BNB (BNB)
$552.89
-0.5% (24h)
Crypto vs Traditional Assets (1Y Return)
| Asset | 1Y Return | Volatility |
|---|---|---|
| Bitcoin (BTC) | +125% | High |
| Ethereum (ETH) | +98% | High |
| NGX All-Share Index | +22% | Medium |
| Real Estate (Lagos) | +18% | Low |
| Savings Account | +4% | Very Low |
Last updated: ${new Date().toLocaleString()}
Nigerian Stock Market Overview
Top NGX Performers
| Stock | Price (₦) | Change (24h) | 1Y Return |
|---|---|---|---|
| MTNN | ₦245.00 | +2.5% | +35% |
| ZENITHBANK | ₦38.75 | +1.8% | +42% |
| DANGCEM | ₦320.50 | -1.2% | +28% |
| BUAFOODS | ₦150.25 | +3.1% | +65% |
Last updated: ${new Date().toLocaleString()}
Commodities Market Overview
Key Commodity Prices
| Commodity | Price | Change (24h) | 1Y Change |
|---|---|---|---|
| Brent Crude Oil | $85.42/bbl | +1.2% | +12% |
| Gold | $2,350/oz | -0.5% | +18% |
| Cocoa | $8,250/ton | +2.8% | +210% |
| Natural Gas | $2.85/MMBtu | -1.1% | -15% |
Last updated: ${new Date().toLocaleString()}
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