Naira exchanges at N1,534 to a dollar for the first time in official market

The closing exchange rate between the naira and dollar on the official NAFEM market reached N1,534/$1 on Monday, February 12th, 2024, marking the weakest performance ever recorded for the naira against the dollar at the end of a market, according to Nairametrics.   According to the Financial Literacy Website, throughout the day, the intra-day high and low values stood at N1,550 and N1,000 respectively, underscoring Nigeria’s ongoing descent amid central bank reforms aimed at transitioning towards a free market exchange

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Those glorious days when Naira was stronger than Dollar will return

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has said that Nigeria will experience glorious days again.   Adeboye said this while preaching on ‘Uncommon Miracles’ during the September Thanksgiving Service of the church at the RCCG, National Headquarters, Ebute Metta, Lagos on Sunday, September 3.    He said this while recounting a time in his life many years ago when his wife, Pastor Folu, came to him asking for N5000. ‘’N5000 of those days

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10 Dollar Event Presents 10 Dollar Show

Lagos Stands Still for the Season 3,10dollarshow show featuring Fireboy DML,Kenny Blaq,Kaffy and lots more at the Eko hotel and Suites this Easter April 16th,2022. @fireboydml @kennyblaqmcfr_ @kaffydance     Come and watch your favourite stars perform during this Easter Period.There are other side attractions such as: *Music *Comedy *Dance *Magic *Contortion *Dare Devils *Illusion You cannot afford to miss the once in a life time show.     This is an extraordinary show with a combination of everything that

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South Africa’s rand climbs to 8 week high against dollar

South Africa’s rand which has been at its strongest since March 27, raced to its highest in more than eight weeks against the U.S. dollar on Tuesday May 26.    At 0605 GMT, the rand ZAR=D3 traded at 17.4700 per dollar, 0.91% firmer than its previous close. This has led to optimism about a global recovery from the COVID-19 pandemic boosted riskier assets, with investors looking past Sino-U.S. trade tensions.   Bianca Botes, executive director at Peregrine Treasury Solutions told Reuters;   “The

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