The value of the Nigerian Naira compared to other countries currency is simply nothing to brag about.Devaluation in a particular material is said to be the removal or lessening of something's value.
The Biafra's pound was the alleged currency of the breakaway republic of Biafra.The currency was officially used by the breakaway republic of Biafra between the short range of 1968 and 1970.The Biafra currency has a bigger value when exchanged to the united state dollars.
There are so many richest men in Nigeria that hailed from different part of the country. Some are igbo's while some are Yoruba's. There are many business men in Nigeria like Femi otedola,Mike adenuga and so on. We Northerners were not also left behind because the richest man in Nigeria is a Northerner,He is also the 2nd richest man in Africa and he was ranked 67th in the world ranking. In this list,we are going to look at some three major richest and successful business men in Nigeria. We will also see how much
Gooday reader's, Before you continue reading kindly follow JUSTINWRITES for real time updates and entertainments.US Dollar to Naira is no more N485 instead it is N486 in the Lagos black market as at today, March 30, 2021.
Experts describe currencies all over the world as strong or weak, depending on many factors including GDP, inflation, political stability and so on. Some currencies are considered stronger than many others. This article will focus on the 7 weakest currencies in Africa. 1. Sao Tome and Principe Dobra (STD): It is noted to be the smallest country in Africa, and classified as the weakest currency based on the exchange rate to the dollar and its purchasing power. The fact that it is an exporter of cocoa, coffee
All most everyone believes that US Dollar has the highest monetary value in the world just because it’s popular.But, the answer to this is NO, USD is just popular and not the most valued/highest.
Whether you are traveling to any of these destinations or you are seeking a foreign exchange investment opportunity, it is important to become acquainted with the weakest currency around the world. As expected, many of these depreciated denominations are located in Africa and Asia and suffer from putrid economic policies, the stench of corruption, and violence. Perhaps in the next 100 years – if the fiat currency experiment survives that long – the peso or the som – could attain a gold standard status.
I honestly struggle to understand the new wave of young Nigerians who convert everything to dollars.You could tell someone what you earn in a month and the next commenter from 57,345 timelines away will ask to know its dollar equivalent.
Many entrepreneurs, especially in the their world, still have alot to learn from how to motivate their staff.While many place emphasis on money or other forms of emoluments, there are other one thousand and one ways of motivating them.The most prominent of this is being close to them and share feelings among one another.
Days ago, the rate of Dollar to Naira in black market stood at N500 per Dollar. People were surprised at how the Naira depreciated and crashed against the dollar. However, Naira has gained big at black market as CBN's new policy improved the dollar supply. The Naira has appreciated and current rate of Dollar to Naira now stands at N485 per Dollar. In the Nigerian black market where forex is traded unofficially, you buy for N475 and sell at N485. The highest Naira to Dollar exchange rate in the last 30 days was
Year 2020 is full of lots of issues, like the outbreak of the Covid1-9, which have cause a break down in the world economy. In other to save our selves from abject poverty, here a top lucrative skills you can learn. 1. FOREX Forex is an acronym standing for Foreign Exchange. It is an online based market where currency pairs are exchanged. Anybody can trade FOREX. The gadget that it is mostly required are, phone,tablet and laptop and high speed internet. Forex traders make large profits.Although you may also
You know how people are saying that because of all the U.S. debt there will eventually be hyperinflation? Welcome to Russia (and/or the Soviet Union). They just cut out the middleman that would be the bond salesman and go straight to inflation. Here’s the history of the value of the ruble (both the Russian and the Soviet one) against the U.S. dollar over time. Now, back in 1916, Russia, like any other great economy (it was the 4th largest in the world in 1914) sold bonds to foreign investors. This is the mechanism
Is there a reason why everyone cannot be a millionaire? Just about everyone in Zimbabwe was a trillionaire, but being a trillionaire wasn’t all that great. Surely many many people in Vietnam are millionaires, as the Vietnamese Dong is about 23,200 to the US dollar. So if you have $43, you’re really really close to being a Vietnamese millionaire. So if you just mean everyone having a million of whatever the currency is in your country, that's easy, just have the government print lots of currency and give
"Naira to dollar exchange rate has increased again"-Checkout CBN new weekly exchange rate per dollar
The Nigerian economy is getting increasingly unbearable with the recent increase in the exchange rate of dollars. Just like you know the higher the exchange rate, the more expensive imported goods become. Considering the current state of the country, it's so sad that the citizen will have to deal with the increase in dollar rate as well. The naira tends to change in value on a consistent basis and it's quite unpredictable to tell when it would increase or decrease. The Central Bank of Nigeria monitors the USD
Cryptocurrency trading has been profiled and this has become a big hit to bring in more traders and deals. Forgetting about the stock exchange and risk, most active trades have been digitized and easy to use on mobile devices. In West Africa Nigeria has become one of the leading trading country surpassing other countries and including the rest of the 15 west African states like Ghana and Ivory Coast.
The fourth richest man bill gates owner of Microsoft with a net worth of 130 billion USD is set to separate from his wife Melinda gates as revealed on his twitter handles.The news of their divorce was a joint statement by both parties.The couple who have been married for 27 years now and have three children namely Jennifer 25,Rory 21and phoebe 18.
Abia State 2021Budget: Budget Of Local Content And Sustainable Development REVIEW OF 2020 BUDGET The original 2020 Budget was based on the following assumptions Oil price benchmark of 57 USD per barrel Exchange rate of N350/USD Based on the above, aggregate revenue of N67,249,300,000.00 (Sixty Seven Billion, Two Hundred and Forty Nine Million, Three Hundred Thousand Naira) was projected from FAAC and N40,490,322,776 (Forty Billion, Four Hundred and Ninety Million, Three Hundred and Twenty Two Thousand,
If you are planning to travel out of the country, I actually think article is for you. Here is the new price if USD when converted to Naira. Once the price of the United State dollar (USD) rises in Nigeria the price of things in market will suddenly increase. Before the price of one USD in naira was N360 and later the price increased to N388 few months ago, but the price has reduced to a new price. See the New price of United State dollar (USD) in Nigerian currency (NGN); Before seeing the new price of USD to
Headline: 1 dollar is no more #500. See new exchange rate of USD to NGN. Nigeria is going into recession. And the period of recession, we faced hardship, things became hard to buy, the rate at which a dollar sells for naira rose to #360. Now the economy has gotten used to this rate, the CBN (Central Bank of Nigeria) has agreed to devaluate the Naira again which will increase the rate from 380.5 to 500. Now the price of a dollar to naira is fluctuating everyday and the stable rate now is #380.5 to $1. If the
Here's this week's 18 currency pair rankings but I refer as favorite trades. EUR/USD receives top spot yet again for something like 6 and 8 weeks running as EUR has been a highly reliable currency to entries and targets. NZD/USD, NZD/JPY and NZD/CHF next are running on all cylinders together and this is positive when cross pairs run together. Also NZD is the bottom pair to 60 + currency pairs to include EM currencies. If NZD goes short, all 60 + pairs follow. No difference exists to EM and our 28 currencies