BlackRock stock trades at $1,160.91, about ₦1,578,037 per share at today’s rate of ₦1,359/$. Over the past year it has gained 0.1% in dollars, which works out to -11.3% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +13.2% | +11.5% |
| 6 months | +10.0% | +10.6% |
| 1 year | +0.1% | -11.3% |
Naira-terms return = share-price return × USD/NGN move. When the naira weakens, dollar assets gain extra value in naira; when it strengthens, the reverse.
Yes. You can buy fractional shares of US stocks from Nigeria through SEC-registered apps like Bamboo, Trove and Risevest, starting from around $10. Read our full guide to buying US stocks from Nigeria →