Are the price of imported goods in Nigeria about to go down as $1 now sells for N690 black market rate, according to some reports? Let’s watch and see. Nigerians may be able to afford more this Xmas season if this continues.
Tag: dollar
Nairaland Debate: Naira Vs. Dollar, Which Is Stronger?
People analyse which is stronger, Nigerian Naira or US Dollar.
STUFF: AUSTRALIAN COMPANY WORTH MILLIONS SOLD FOR $1!
Stuff, a company that brought in $5.5 million from revenue of $269 million last year, has just been sold for $1! You heared right, $1! I mean, why would the owners of Stuff, an Australian news site worth millions be sold for just $1? One dollar? Money that’s not enough to buy a cuppa coffee…… Continue reading STUFF: AUSTRALIAN COMPANY WORTH MILLIONS SOLD FOR $1!
Western sanctions force Zimbabwe to return to national currency, amidst fears of hyper inflation
Zimbabwe has announced plans to introduce a new currency within months. This comes as a shortage of U.S. dollar notes in the country has forced businesses to close down. In the past two months, there have been acute shortages of imported goods in the country. Inflation has again shown its hideous shadow. The price of…… Continue reading Western sanctions force Zimbabwe to return to national currency, amidst fears of hyper inflation
See The Exchange Rate CBN Is Expecting The Niara To Settle At
After beginning market-driven currency trading, CBN Iis hopeful Naira’ll settle at … Read more at the link.