News, Events, Entertainment, Lifestyle, Fashion, Beauty, Inspiration and yes… Gossip! The Only Place It Happens!
“One hundred thousand naira is now behaving like ten thousand naira; and no one is saying anything about it!” -Anonymous Social Media Blogger Exchange rate is very important particularly for a country like Nigeria, whose currency is not convertible. According to Investopedia, a convertible currency, is any nation’s legal tender that can be easily bought […]
Continue ReadingNigeria’s currency, the Naira on Wednesday fell to N493 per dollar at the parallel market, shading N6 from the N487/$ it exchanged on Tuesday, May 25, 2021. When compared to the N486/$1 that was recorded on Monday, the local unit had dropped N1 The pressure on Nigeria’s currency is attributed to black market speculators who […]
Continue ReadingPublisher of news website Daily Nigeria, Jafar Jafar, today had a meeting with Kano State House of Assembly Committee investigating the bribery allegation against Governor Abdullahi Ganduje. A few weeks ago, the journalist published a video clip showing Kano Governor Ganduje allegedly receiving a bribe from contractors, a claim the governor has denied.
Continue ReadingNigerian currency, the Naira, Friday, traded strong after the Central Bank of Nigeria (CBN), Thursday, August 23 and Friday, August 24, 2018, injected a total sum of $543.22 million and CNY 63.21 million into the inter-bank foreign exchange market. Naira gained N0.25k against the U.S dollar as it closed at N362.35k per dollar compared to […]
Continue Reading