Naira
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NIGERIAN NAIRA IS FAST BECOMING THE WEAKEST CURRENCY IN AFRICA, AS CHOICE OF PRESIDENT OF NIGERIA IS POOR AND WEAK BOTH ACADEMICALLY AND EDUCATIONALLY. See and judge your economy👇👇👇👇 South Africa: Rand 1= ₦79 Angola: 1Kwanza = ₦12 Botswana: 1Pula = ₦28 Cape Verde: 1Escudo = ₦8 Algeria: 1Dinar = ₦12 Egypt: 1Pound = ₦35…
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The Central Bank of Nigeria has said its new ‘Naira for Dollar Scheme” which takes effect today, would provide Nigerians in the Diaspora with cheaper and more convenient ways of sending remittances to Nigeria. The policy, which gives N5 rebate for every $1 sent by Nigerians in the diaspora to the country, will be paid…
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Nigeria’s naira is plummeting, losing one third of its value as the government floats the currency for the first time in the history of the oil-producing nation. The move was forced by a spiraling economic crisis created by slumped oil prices and aggravated by President Muhammadu Buhari’s 16-month-long insistence that the Central Bank defend the…
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