Extinct and endangered Nigerian currencies
Before coins were re-introduced, goods or services were priced in multiples of fives because but since the death of coins and the near extinction of some Naira notes, price levels have been affected greatly, which means no goods could be bought for 1 Naira because no such denomination is available, so lowest-priced goods stayed at 5 Naira and Naira 10 Naira. Is there any possibility that coins or the denominations fast going out of circulation will return stronger in the nearest future?
Rainstorm destroys properties worth Millions of Naira in Ilorin
Properties worth millions of naira have been destroyed by rainstorm in Ilorin, Kwara state capital.
Obama, Bush, Clinton volunteer to publicly receive COVID-19 vaccine, Interpol returns Maina to Nigeria and more
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.
Nigeria’s DMO to rollover 148bn naira at Primary Market Auction
Nigeria’s bond market traded with bearish undertone as players reacted to the bond auction calendar for the 4th quarter, and the circular by the National Pension Commission where the commission said it had concluded arrangement for the take-off of the RSA transfers. Adamma Mbachu, Team Lead of Currency Trading at Access bank speaks to CNBC Africa for more.
COVID-19: Vetiva Capital’s fiscal outlook for Nigeria
Vetiva Capital Management says although Nigeria’s total debt to GDP ratio is below the suggested prudential upper band of 40 per cent for developing economies, a higher than projected fiscal deficit, high cost of borrowing and weaker Naira may further limit Nigeria’s fiscal space and reduce the capacity to respond to the Covid-19 crisis. Mosope Arubayi, Chief Economist at Vetiva joins CNBC Africa for more.
Buhari loses personal bodyguard to diabetes, Global confirmed coronavirus cases pass 2.5m and more
Here is why you should pick a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Wednesday.
Abba Kyari, Bauchi governor test positive to coronavirus, 70 Nigerian soldiers killed by jihadist and more
Here is why you should pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Wednesday.
Senate bill to strip Nigeria president, VP of immunity, Lassa Fever: Death toll reaches 144 and more
Here is why you should pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Friday.