The Nigerian naira has been officially floated and commercial banks are selling to willing buyers at a rate of 750 – 755 Naira to 1 Dollar. This transition marks a departure from the previous policy of maintaining a fixed exchange rate, which had deterred investors due to concerns over the sustainability, and limited access to…
The 2023 Nigerian Naira situation
There aren’t enough new Naira notes to buy majority of the votes of the masses and this might give us a chance at a fair election. Mrs O, in an exclusive interview with incognito, revealed that POS agents that sell the new Naira note, currently sell 30,000 Naira with a service fee of 8,000 Naira….