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Why Dollar Rules Nigeria

Nigeria’s current financial and economic community is quick to point out the realities of her currency, the gyrations, floundering and nose-diving in all ramifications of suggesting an economic meltdown.The nation’s legal tender, the naira, has been on a free-fall against the United States dollar...

Naira Sells for 325 Against the Dollar

The Naira on Wednesday exchanged for N325 against the American dollar on the parallel market. Nigerian Tribune reports The bureau de change (BDC) operators who spoke to Nigerian Tribune said the exchange rate has dropped in the past 48 hours and as they suggested a...