Tag: US dollar
Sanctions, Resilience, and the Paradox...
Sanctions, Resilience, and the Paradox of Economic...
CBN governor Cardoso to appear...
CBN governor Cardoso to appear before Senate...
Sanctions, Resilience, and the Paradox of Economic Survival: A tale of two nations, by Dr Abdullahi Buba
Sanctions, Resilience, and the Paradox of Economic Survival: A tale of two nations, by Dr Abdullahi BubaSometimes, a single personal financial experience illuminates macroeconomics far better than pages of abstract data. On January 1, 2020 (11 Dey 1398), I deposited 24 million IRR into an account domiciled at Bank Melli’s Ferdowsi University of Mashhad branch in Iran. At the prevailing exchange rate, that deposit was worth approximately $200. Today, that same amount has plummeted to less than $10 on the open market, where the US dollar recently breached the...
Opinion
Sanctions, Resilience, and...
Sanctions, Resilience, and the Paradox of Economic Survival: A tale of two nations, by Dr Abdullahi BubaSometimes, a single personal financial experience illuminates macroeconomics...
Business & Economy
CBN governor Cardoso...
CBN governor Cardoso to appear before Senate Financial Committee as naira dwindles to N1,520 per dollar
The Nigerian Senate, on Wednesday, through its Committee on...
News
Naira rebounds against...
Naira rebounds against US dollar after 3-week declineThe Naira demonstrated a remarkable resurgence against the US Dollar in the unofficial parallel market, commonly referred...
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