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Understanding FG ban on use of Nigerian cards abroad

Internet marketers in Nigeria and online shoppers are already lamenting the ban on ATM cards abroad and online by the Central Bank of Nigeria. The purpose of the ban is as a result of the Nigerian economy that is currently witnessing one of the...

Offloading Of Dollars Triggers Massive Naira Appreciation At Parallel Market

The peaceful outcome of the recently concluded presidential election has seen massive offloading of the United States dollars at the parallel segment of the forex market since Monday. This has also seen a significant appreciation of the naira at that segment of the market as...