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Foreign Currency

Subsidizing The Naira Blocks Nigeria’s Economic Takeoff

Kingsley Moghalu Sep 11, 2020 0

The naira should be floated to find its exchange rate value on the market if Nigeria’s economy is to become productive, instead of relying on oil revenues, a dependency that has plunged our country and our citizens deeper and deeper into…

Education

Senator faults payment of tuition fees in foreign currency in Nigerian schools

Uju Mar 26, 2017

Sen. Yusuf Yusuf (APC-Taraba) has described as unacceptable the use of foreign currency for the payment of tuition fees in Nigerian schools.Yusuf, who is Vice Chairman, Senate Committee on Science and Technology, said this in an…

Government

DSS Storm Anambra; Hunt Down Foreign Currency Hawkers

Jide Nov 19, 2016

The Department of State Service (DSS) in Anambra on Friday raided some markets in Awka and Onitsha in search of illegal foreign currency hawkers.According to a trader at the Eke Market in Awka, he disclosed that some hawkers of foreign…