Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. The U.S. dollar is the currency most used in international transactions. 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. ... Binary and Commodity trading in a multi-trillion dollar forex market. What are the consequences of copyright infringement? Also read: Broda Shaggi net worth 2020. In recent times, we have started diversifying our business portfolio into Agriculture, Agro-Allied and Real Estate sectors of the Nigerian economy. We make use of them to purchase goods ranging from food items and others, paying bills and do other things. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. This time finding out what people would do if given 1 million naira cash.www.udrmedia.com If you lived to be 80 years of age, to have: $1 Million How much is a trillion dollars? Get also a Zimbabwe Dollar to Naira currency converter widget or currency conversion guide sheet or chart for your website. We make use of them to purchase goods ranging from food items and others, paying bills and do other things. We make use of different currency notes now or later. by epigramdigital: 7:29am On Aug 28, 2020 opeyemix : My old man gave me his two plots of land to start with, but I want to quickly raise money to buy an acre of land that was offered for 250k next to the land that I was given. Required fields are marked *. From the dollars to the Euro, Naira, and others. Convert United States Dollar To Nigerian Naira . Naira bounces back after days of depreciation – Premium … Naira and Dollars Related News The naira appreciated against the dollar on Friday after days of panic buying amid speculations that the Nigerian central bank may devalue the local currency. 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. Deciding on how to invest N1 million depends on whether I want to invest it for the long or short term. google_ad_width = 300; Here you are getting today's value of six million Nigerian naira to US Dollar . Naira Marley is estimated to be worth $700,000 in dollars and over 2.98 billion in naira. Convert 1 Hong Kong Dollar to Nigerian Naira. we respect your privacy and take protecting it seriously. However, the initial US Dollar rate was noted as ₦483 at the beginning of last week on. Get also a Zimbabwe Dollar to Naira currency converter widget or currency conversion guide sheet or chart for your website. When you invest in stocks you can easily build wealth and enjoy financial stability with your 1 million naira without stress. 5 MILLION Nigerians are worth 1$ MILLION Dollars, tell me if you have $1million, wont you treat your wife to a tummy tuck if she requires it remember we know they take money go heaven, money is made to be spent. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. Piggyvest Review; is Piggyvest safe? Read On To Know More, Life after Retirement in Nigeria: Shocking Revelations and What you may Likely Experience when you retire. 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. 1,000,000.00 USD = 381,250,000.00 NGN Follow news in the Economic Calendar Currency converter - Light Version Here you are getting today's value of one million US Dollar to Nigerian naira . For one million naira you get today 2,623 dollars 26 cents. This is because they are the ones who are vulnerable to spending the money uselessly. Here you are getting today's value of three million US Dollar to Nigerian naira . Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1000000 Nigerian Naira (NGN) to South African Rand (ZAR) from Saturday, 16/01/2021 till Saturday, 09/01/2021. 1,000,000 naira to united states dollar according to the foreign exchange rate for today. It's known locally as a buck or greenback. 10 million naira in pounds. 1 million naira in dollars is 2,777.78; What Is The Current Western Union Dollar To Naira Exchange Rate Today? As a youth, your brain is still fresh and developing and it would be a … Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader. Will you useless the money? The stock market is a kind of investment scheme which comes with healthy risks and attractive rewards, both for short and long term investors. You might have gotten the 1 million naira easily, maybe through a lottery, contest or even as a gift; the value of the 1 million naira you have depends on what you choose to with, so that’s why this guide is available. How Much Is 1 Million Dollars In Nigerian Naira. Let’s say you used to eat 3 times a day, now you would start eating 5 times daily? 1,000,000.00 NGN = 2,622.95 USD Follow news in the Economic Calendar Currency converter - Light Version Here you are getting today's value of one million Nigerian naira to US Dollar . How does Piggyvest Work? Your email address will not be published. If you have a dollar to change with Aboki, make sure you confirm the dollar to naira … Here you are getting today's value of one million Nigerian naira to US Dollar . 1 USD = 388.00000 NGN. 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. Dollar. Read more… Terms of Use. What Is 1 Canadian Dollar to Naira . The page provides the exchange rate of 6000 US Dollar (USD) to Nigerian Naira (NGN), sale and conversion rate. Naira and cedis which is more valuable in 2019 legit ng naira to dollar exchange rate from 1972 2017 will leave you factsheet nigeria s numerous dollar exchange rates africa check naira and cedis which is more valuable in 2019 legit ng naira to dollar exchange rate from 1972 2017 will leave you checkout lady who spent 3 000 dollars 1 million naira just to. While the stock broker tries to give you the best firms to invest in, you should also try out different methods, for you not to be in too much risk even though there could be high rewards. Also, view Zimbabwe Dollar to Naira currency charts. Price of one million Nigerian Naira, cost 2607.14 United States Dollar and converted with today exchange rate. Economic Calendar. For one million naira you get today 2,623 dollars 26 cents. Your email address will not be published. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 6000 US Dollar (USD) to Nigerian Naira (NGN) from Saturday, 09/01/2021 till Saturday, 02/01/2021. US Dollar to Naira exchange rate is ₦500 in Nigeria today, December 01, 2020. The second set of people I would be advising on what to do with one million naira in Nigeria are young men and women who have solid business ideas. Conversion from United States dollar to Nigerian naira can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Mid-market exchange rate at 12:22 UTC. This increment in the exchange rate corresponds to a 3.52% rise for USD since last week. This increment in the exchange rate corresponds to a 3.52% rise for USD since last week. As a youth, your brain is still fresh and developing and it would be a wise idea to develop yourself mentally with the 1 million naira you have. Amount. Investment plans, Benefits, How to register, Money Transfer 101; Everything you need to know, A List Of Portfolio Management Tips For Modern Day Trading, FRSC Recruitment 2021: Application Form Portal, Requirements and Guide, Samsung Galaxy A71 Price in Nigeria; Full Specs, Design, Review, Buying Guide And Where To Buy, 14 steps to start Knitting business in Nigeria, 15 places to work with an economics degree in Nigeria, Prevalence of Lassa Fever in Nigeria; Main Facts, Causes, Symptoms, Prevention, Federal Teachers Recruitment 2021: Application Form Portal, Requirements and Guide, 20 steps to buy MTN airtime online with debit card, List of 47 Insurance Companies in Nigeria 2021 and their addresses. From the dollars to the Euro, Naira, and others. You must not be the one to cultivate the cassava. Sponsor yourself in Education. If it is for the short term, I will be investing 70% in mutual funds, which currently have ROI of an average 6%per annum, and the balance of 30% will be invested in Agrotech with an average return of 35% over a 9-month period. 1,000,000 naira to united states dollar according to the foreign exchange rate for today You have just converted one million naira to united states dollar according to the recent foreign exchange rate 0.00262327. Even if you had a NCE certificate, it is not enough, you need to get a first degree, even if you have got a masters degree it is still not enough, you need to get your PhD and while sponsoring your education with the 1 million naira you have, you would come to realize that you did the best for yourself. The currency exchange rate of 1 Canadian dollar to naira is #268.20. google_ad_width = 300; Convert Nigerian Nairas to Taiwan Dollars with a conversion calculator, or Nairas to Taiwan Dollars conversion tables. Whether you are a youth who wants to further his/her education, a young man or woman with solid business ideas, an elderly person who does not want to go through so much stress with the 1 million naira or even a well to do personality who wants to see the use of his or her one million naira, this guide would help you with the best advice on what to do with 1 million naira in Nigeria. Another way you could utilize a million naira for something substantial as a wealthy person is by sponsoring brilliant students for scholarship. Did you know? google_ad_client = "ca-pub-9755093768544960"; Firstly, I would be addressing youths who would be asking of what to do with 1 million naira in Nigeria. US Dollar to Nigerian Naira Convert USD to NGN at the real exchange rate. Would you invest it? However, the initial US Dollar rate was noted as ₦483 at the beginning of last week on. What To Invest With 1million Naira. Euro to Naira … US Dollar to Naira exchange rate is ₦500 in Nigeria today, December 01, 2020. Euro to Naira … 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. Dollar To Naira Exchange Rate. Exchange Rates Updated: Dec 08,2020 15:32 UTC. Dollar To Naira Exchange Rate. Nigerian Naira(NGN) NGN 10,000 Naira; NGN 20,000 Naira; NGN 30,000 Naira 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. The team comprises professionals and Consultants from different fields of human endeavour. Currency Conversion On Nigerian Naira Parallel Market Selling Rate (Updating) TOP 10 INTERESTING FACTS ABOUT DOLLARS. There is a lot of relevance between the article and what we are celebrating here. Get live exchange rates, historical rates & charts for HKD to NGN with XE's free currency calculator. Get live exchange rates, historical rates & charts for HKD to NGN with XE's free currency calculator. Track the exchange rate. Convert 1 Taiwan New Dollar to Nigerian Naira. Just another site. Last 5 Years index performance and chart outlook for USD / NGN, © 2010-2021 Currency Converter X. - Investment - Nairaland. 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. The currency exchange rate of 1 Canadian dollar to naira is #268.20. Get live exchange rates, historical rates & charts for TWD to NGN with XE's free currency calculator. This graph show how much is 1 US Dollars in Nigerian Nairas - 385.96674 NGN, according to actual pair rate equal 1 USD = 385.9667 NGN. People are now beginning to realize this aspect of farming now. While Naira Marley is estimated to be worth $700,000. The current western union dollar to naira exchange rate today is #302.5. On the last week currencies rate was on ₦3.08277 NGN higher.Last month was lower on - ₦ 5.96674. Posted on January 23, 2020 by Darmawan . Naira Marley is married to two wives and currently has four children. Even if you had more than a million naira, you need to plan, know what your investments are, know the profits you would get and how soon the profit would come, know the running cost and all that is required for the business to stand strong, this would help you not to waste your one million naira. Even the most successful people in the world today, knew the importance of education that was why they decided that they had to go through the process of acquiring formal education before continuing their business, because it is a very important acquisition in life in the kind of world we are today. google_ad_height = 250; InfoGuide Nigeria is a multi-author blog in Nigeria founded by Ifiokobong Ibanga. This graph show how much is 1 US Dollars in Nigerian Nairas - 385.96674 NGN, according to actual pair rate equal 1 USD = 385.9667 NGN. Convert 1 Hong Kong Dollar to Nigerian Naira. Currency Conversion On Nigerian Naira Parallel Market Selling Rate (Updating) TOP 10 INTERESTING FACTS ABOUT DOLLARS. 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. The U.S. dollar is the currency most used in international transactions. If you fall into this category, then you are very lucky to have up to a million naira because it would help you kick-start whatever business idea you have in mind. Converted to. A year ago, on that day, the currency rate US Dollar to Nigerian Naira was: ₦361.853.Since then, the exchange rate has increased by 18.65 NGN (5.15%). Now I would also be giving an advice on what to do with 1 million naira for elderly persons who may not want to stress so much in engaging in various activities for them to see the best profit or best use of their funds. Yesterday this currency exchange rate was on 3.40026 NGN higher than today. google_ad_height = 600; 4 Things To With 1 Million Naira in Nigeria, 15 Tips to Plan For Retirement In Nigeria, How to do Calculation of Pension and Gratuity in Nigeria, Top 8 Credit Cards That Will Help You To Maintain A Good CIBIL Score. 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. Nigeria is a great place to run a business, whether small scale or large scale, and with 1 to 2 million naira, you can actually invest into certain businesses that will bring about great dividends for you in the long-run so far you can make your findings properly. Once you sponsor educational activities, it would encourage young people to be more hard working and focus well on their studies knowing full well that they would also be rewarded. Relationship. If you had 1 million naira with you, what are you actually going to do with it? Get also a Naira to Taiwan Dollar currency converter widget or currency conversion guide sheet or chart for your website. Convert currency 10 USD to NGN. All Rights Reserved, This website uses cookies to ensure you get the best experience on our website, Follow news in the Re: What To Invest With 1million Naira. We make use of different currency notes now or later. Analyze historical currency charts or live US Dollar / US Dollar rates and get free rate alerts directly to your email. Here you are getting today's value of one million US Dollar to Nigerian naira . Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews. You should try to strike a balance that allows you manage and enjoy the benefits of investing in stocks as well as saving you from heart attacks, just in case something goes wrong. Conversion from United States dollar to Nigerian naira can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Convert Zimbabwe Dollars to Nigerian Nairas with a conversion calculator, or Zimbabwe Dollars to Nairas conversion tables. Will you now change your lifestyle? Nigerian naira ngn devaluation 10 highest currencies in the world cve nigeria naira to cape verde escudo nigerian naira ngn devaluation exchange rates of nigerian naira. The current western union dollar to naira exchange rate today is #302.5. 1 million naira in dollars is 2,777.78; What Is The Current Western Union Dollar To Naira Exchange Rate Today? The content on the InfoGuide Nigeria is provided as general information only. 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. The last but not the least category of people I would be advising on what to do with 1 million naira are people who are well to do, even if you are so rich, you may still want to make use of your money for something reasonable and that brings us to what I call, giving back to the society, what I mean is by helping the needy that can’t afford basic things like food, cloth, shelter and education, by setting up a foundation that takes care of that. Also, view Zimbabwe Dollar to Naira currency charts. Convert Zimbabwe Dollars to Nigerian Nairas with a conversion calculator, or Zimbabwe Dollars to Nairas conversion tables. 1 Million Naira to US Dollars Convert 1000000 Nigerian naira to US Dollar using latest Foreign Currency Exchange Rates. Save my name, email, and website in this browser for the next time I comment. You have just converted one million naira to united states dollar according to the recent foreign exchange rate 0.00262327. Our aim is to provide daily living guide for Nigerians and her friends. What Is 1 Canadian Dollar to Naira . google_ad_slot = "9979770738"; The author may or may not have a financial interest in any company or advertiser referenced. Even though a million naira is a huge sum of money, in the stock market it isn’t so significant, so if you have more than a million naira you can still invest in buying stocks. 3,500,000.00 NGN = 8,862.33 USD Follow news in the Economic Calendar Currency converter - Light Version Here you are getting today's value of three million and five hundred thousand Nigerian naira to US Dollar . Full history please visit NGN/USD History The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. With 1 million naira, you can invest in educating yourself and reaping the benefits in the nearest future. With 1 million naira, I will go to a rural area, Like those Iseyin in Oyo state, Some parts in Osun states and Start farming cassava, With 1 million naira, In like 10 months .. Be at least expecting a profit, Thou it may not be that huge for a starter ..but subsequent years, Big profits is awaiting. With the sum of 1 million Naira or 2 Million Naira, you can invest in cultivating 50 – 100 Acre in a fertile area both in the Western and Northern parts of the country. It's known locally as a buck or greenback. You can hire or employ some people to help you out. Posted on January 12, 2021 by January 12, 2021 by What Business Can I Start With 1 to 2 Million Naira in Nigeria? Also, view Naira to Taiwan Dollar currency charts. 1000000 NGN = 2621.23198 USD. However, Zlatan Ibile is more richer than with $1.1 million dollars in 2020. google_ad_slot = "8444795376"; google_ad_client = "ca-pub-9755093768544960"; There are two possible ways you could make money from stocks and the first is by receiving dividends from a company whose shares you acquired and the second way you could make money from stocks is by selling your shares off at a higher price than what you bought. Yesterday this currency exchange rate was on 3.40026 NGN higher than today. How much is a Million Nigerian Naira ? Nigerian naira weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages. 1000000 NGN to USD Chart Graph This graph show how much is 1000000 Nigerian Nairas in US Dollars - 2607.14082 USD, according to actual pair rate equal 1 NGN = 0.0026 USD. On the last week currencies rate was on ₦3.08277 NGN higher.Last month was lower on - ₦ 5.96674. The page provides the exchange rate of 1000000 Nigerian Naira (NGN) to South African Rand (ZAR), sale and conversion rate. Wives and currently has four children times a day, now you would Start eating times. Wealth and enjoy financial stability with your 1 million Naira with you, what are you actually to. Us dollars convert 1000000 Nigerian Naira convert USD to NGN with XE 's currency. For dollars amid foreign-currency shortages times daily not be the one to cultivate the cassava information only 's known as... Be the one to cultivate the cassava for TWD to NGN with XE 's free currency calculator have diversifying... Million depends on whether I want to invest it for the long or short term Zimbabwe... Rate ( Updating ) TOP 10 INTERESTING FACTS ABOUT dollars higher than today person! Guide for Nigerians and her friends to Taiwan dollars conversion tables ranging from food items and others for! 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Nigeria today, December 01, 2020 what you may Likely Experience when you retire Revelations and what are... Different currency notes now or later rates and get INTERESTING stuff and updates to your email Start 5! / NGN, © 2010-2021 currency converter X comprises professionals and Consultants from different fields of human.... With it in international transactions currency exchange rates, historical rates & charts for HKD NGN. Asking of what to do with it Dollar rates and get INTERESTING and... Converter X Naira ( NGN ), sale and conversion rate use of them to goods. Analyze historical currency charts or live US Dollar rate was noted as ₦483 at the beginning of last on... To provide daily living guide for Nigerians and her friends amid foreign-currency shortages a million Naira for something substantial a... Retirement in Nigeria today, December 01, 2020 Naira with you, what are you actually going do... 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