By Peter Egwuatu The Chief Executive Officer, Bullnet Bulletin and Enquiries Networking Services, has disclosed that eNaira introduced by the Central Bank of Nigeria, CBN, can be funded directly with cash-purchased vouchers. He disclosed this in a media parley during a presentation to showcase how the USSD channel of the eNaira can be employed to […]
How to fund eNaira wallets — Bullnet boss Read More »
My colleague at work does not believe the Naira once had more value than Dollar. I’ve tried to tell him, he doesn’t even want to believe any of it. I too still need to know more on this cause you never know to the finish.
Was it true that Naira once worth more than Dollar? Read More »
Nigeria has 40x more people, 3x more land area, better climate, more natural resources, better agricultural land, more young people etc. Despite all these advantages, why do Nigeria and Norway have a similar GDP? The only advantage that Norway has is that it is more ethnically homogeneous than Nigeria but I don’t think it makes
Why does Norway have a higher GDP than Nigeria? Read More »
Hello all, I opened this thread to be giving you daily updates on black market rate of three major currencies as provide by fx exchangers: 1. Dollar to Naira black market rate, 2. Pounds to Naira black Market rate, 3. Euro to Naira black market rate. I will be using London rates for my information
Daily Dollar To Naira, Euro To Naira, Pounds To Naira Black Market Rate Read More »
By Babajide Komolafe Banks and other financial institutions excluding insurance, contributed N696.87 billion to the nation’s real Gross Domestic Product, GDP, in first quarter of 2021 (Q1’21), up by 3.35 per cent from N555.57 billion in the corresponding period of 2021 (Q1’21). The National Bureau of Statistics, NBS, report also shows that the contribution of banks,
Financial sector contributes N696bn to economy Read More »
The Naira depreciated against the dollar at the Investors and Exporters window on Friday as it exchanged at N419.75 to the dollar, a 0.06 per cent depreciation, compared to N419.50 to the dollar on Thursday. The open indicative rate closed at N419.70 to the dollar. An exchange rate of N444.00 to the dollar was the
Naira depreciates again, now at N419.75 per dollar Read More »
