As a nation, it’s alarming to note that Nigeria still imports frivolities such as toothpicks, eggs, red oil, plantain, spoons, clothes and even premium motor spirit (fuel). It’ll be difficult to have a strong currency when we take so much and offer so little. See Dollar for Naira 3...
From the findings, it was established that in the short run and long run, trade openness negatively impacts on the official exchange rate of naira to dollar in Nigeria. Consumer price index positively and significantly influences exchange rate value in Nigeria in the short run and long run. ...
他认为,目前尼日利亚经济已经到了紧要关头,他要求尼日利亚各级政府迅速采取措施,引导经济向积极方向发展 The government financial revenue reduces, the stock market unceasingly falls with Nigerian currency Naira to US dollar price ratio and so on is turbulently the Nigerian economy receives the main ...
Zero price effect– the word FREE is very powerful and can encourage people to make irrational decisions. For instance, Dan Ariely carried an experiment with consumers and gave them three options see below. All 3 options are the same in monetary value – $5 – but by saying the product is...
to below $30 per barrel to a dollar in April 2020, the Deposit Money Banks have contributed significantly to price stability as dollar has depreciated by just 14 per cent while the exchange rate of the naira in the black market has depreciated by about 40.2 per cent to more than N500...
may strengthen the naira’s exchange rate. The ongoing naira depreciation is part of the short-term price discovery process further driven by the fact that the official naira exchange rate was held artificially low, worsened by the stringent global financial conditio...
The daily current Naira to Dollar, Euro, Pounds Parallel (Black) Market Interbank and BDC Exchange Rates in Nigeria Rates may vary due to location and time of dayParallell (Black) Market Rates - NGN/USD/GBP/EURDate Naira/Dollar (NGN/USD) Buy/Sell Naira/Pound (NGN/GBP) Buy/Sell Naira/...
What Are Some Apps That Convert Dollar To Naira? Below is a list of some apps you can use to convert Dollars to Naira. Wise Currency Converter: This app provides real-time exchange rates and allows you to convert USD to NGN at the mid-market rate. You can also set up rate alerts and...