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. 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. In recent times, we have started diversifying our business portfolio into Agriculture, Agro-Allied and Real Estate sectors of the Nigerian economy. People are now beginning to realize this aspect of farming now. 10 million naira in pounds. The currency exchange rate of 1 Canadian dollar to naira is #268.20. Economic Calendar. Convert 1 Taiwan New Dollar to Nigerian Naira. Your email address will not be published. Also read: Broda Shaggi net worth 2020. 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. 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. 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. The team comprises professionals and Consultants from different fields of human endeavour. - Investment - Nairaland. What are the consequences of copyright infringement? Convert currency 10 USD to NGN. Re: What To Invest With 1million Naira. This is because they are the ones who are vulnerable to spending the money uselessly. 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 . 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. 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. You can hire or employ some people to help you out. When you invest in stocks you can easily build wealth and enjoy financial stability with your 1 million naira without stress. Another way you could utilize a million naira for something substantial as a wealthy person is by sponsoring brilliant students for scholarship. US Dollar to Naira exchange rate is ₦500 in Nigeria today, December 01, 2020. 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. For one million naira you get today 2,623 dollars 26 cents. 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. Let’s say you used to eat 3 times a day, now you would start eating 5 times daily? 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. Last 5 Years index performance and chart outlook for USD / NGN, © 2010-2021 Currency Converter X. 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 . Converted to. The current western union dollar to naira exchange rate today is #302.5. google_ad_width = 300; However, the initial US Dollar rate was noted as ₦483 at the beginning of last week on. However, Zlatan Ibile is more richer than with $1.1 million dollars in 2020. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. 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. What To Invest With 1million Naira. We make use of them to purchase goods ranging from food items and others, paying bills and do other things. Read more… Terms of Use. Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews. 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. If you lived to be 80 years of age, to have: $1 Million How much is a trillion dollars? 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. Required fields are marked *. For one million naira you get today 2,623 dollars 26 cents. Would you invest it? Yesterday this currency exchange rate was on 3.40026 NGN higher than today. 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 . Mid-market exchange rate at 12:22 UTC. You have just converted one million naira to united states dollar according to the recent foreign exchange rate 0.00262327. Here you are getting today's value of six million Nigerian naira to US Dollar . 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 . Naira Marley is estimated to be worth $700,000 in dollars and over 2.98 billion in naira. 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. 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. Get live exchange rates, historical rates & charts for TWD to NGN with XE's free currency calculator. Get also a Naira to Taiwan Dollar currency converter widget or currency conversion guide sheet or chart for your website. Dollar To Naira Exchange Rate. 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. 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%). Posted on January 23, 2020 by Darmawan . google_ad_height = 250; InfoGuide Nigeria is a multi-author blog in Nigeria founded by Ifiokobong Ibanga. Currency Conversion On Nigerian Naira Parallel Market Selling Rate (Updating) TOP 10 INTERESTING FACTS ABOUT DOLLARS. 1 USD = 388.00000 NGN. We make use of them to purchase goods ranging from food items and others, paying bills and do other things. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader. All Rights Reserved, This website uses cookies to ensure you get the best experience on our website, Follow news in the The currency exchange rate of 1 Canadian dollar to naira is #268.20. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. We make use of different currency notes now or later. 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. Your email address will not be published. Analyze historical currency charts or live US Dollar / US Dollar rates and get free rate alerts directly to your email. 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. 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. 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. What Business Can I Start With 1 to 2 Million Naira in Nigeria? Get live exchange rates, historical rates & charts for HKD to NGN with XE's free currency calculator. It's known locally as a buck or greenback. Deciding on how to invest N1 million depends on whether I want to invest it for the long or short term. Track the exchange rate. Also, view Naira to Taiwan Dollar currency charts. Convert Nigerian Nairas to Taiwan Dollars with a conversion calculator, or Nairas to Taiwan Dollars conversion tables. 1000000 NGN = 2621.23198 USD. From the dollars to the Euro, Naira, and others. This increment in the exchange rate corresponds to a 3.52% rise for USD since last week. Will you now change your lifestyle? ... Binary and Commodity trading in a multi-trillion dollar forex market. Convert Zimbabwe Dollars to Nigerian Nairas with a conversion calculator, or Zimbabwe Dollars to Nairas conversion tables. 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. Euro to Naira … Save my name, email, and website in this browser for the next time I comment. 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. 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. US Dollar to Nigerian Naira Convert USD to NGN at the real exchange rate. Did you know? 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. 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. google_ad_slot = "9979770738"; Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. You must not be the one to cultivate the cassava. Get live exchange rates, historical rates & charts for HKD to NGN with XE's free currency calculator. 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