Exchange Rates
Exchange rates are the rates at which a currency is exchanged for another currency. For example, the CBN rate of a Naira to the Dollar is NGN 196.95. The … Continue reading
Jul 16, 2015 · Leave a comment
A Call for Devaluation or Floating?
Recently, there has been news across various channels that bank CEOs are calling for further devaluation of the Naira. Standard & Poors even predicted that naira devaluation is inevitable. The … Continue reading
Jul 16, 2015 · Leave a comment
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