LAGOS JULY 23RD (NEWSRANGERS)-The Chief Executive Officer, Financial Derivatives Company Limited, Bismarck Rewane has assured Nigerians that the economic reforms and policies of President Bola Tinubu’s administration will start yielding results from the first quarter of 2024. Rewane said this on Saturday, while speaking on Arise News TV programme, adding that there will be more…
LAGOS JULY 20TH (NEWSRANGERS)-Soaring exchange rate has made some importers and agents to abandon some of their cargoes at the seaports. It was learnt that some vehicles had been abandoned immediately government introduced new exchange rate. Because of high import duty, findings from the Nigerian Ports Authority (NPA)’s Shipping Position indicated that only three vessels…
LAGOS DECEMBER 29TH (NEWSRANGERS)-Popular Nigerian humour merchant, Basketmouth, has called for the return of cowries as a legal tender. Reacting to the current exchange rate, the comic act put together a photo collage consisting of all the Nigerian currency from N5 to N1000 notes and noted the total sum is less than $5. He wrote:…
LAGOS NOVEMBER 25TH (NEWSRANGERS)-Take a look at the current exchange rate of the Naira compared to other African countries South Africa: Rand 1= 79 Naira Angola: 1 kwanza = 12 Naira Botswana: 1 Pula = 28 Naira Cape Verde: 1 Escudo = 8 Naira Algeria: 1 Dinar = 12 Naira Egypt: 1 Pound = 35…