USD/NGN Exchange Rate May 9, 2022

US dollar how to pay off business debt

As the 2023 presidential election becomes intense by the hours, it is clear that the political audacity of the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele will cause more havoc to Nigeria’s monetary system. The CBN governor is more interested in succeeding Muhammadu Buhari than focusing on its primary role of stabilising … Read more

Coinbase Supported Countries in Africa

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There are 13 African countries that can use Coinbase for cryptocurrency trading, though they have varied trading capabilities. For instance, crypto buyers and seller in Ghana can convert their digital coins on coinbase. Ghanaian, South African, and Kenyan crypto buyers can use their debit and credit cards to make crypto purchases. Are you an African … Read more

What’s The Strongest Currency in Oceania?

Strongest Currency in Oceania Australia

The most-traded currencies for global transactions in Oceania are the Australian Dollar (AUD) and the New Zealand Dollar (NZD). Not just on the continent, they are the fifth and 10th on the global ranking. Also, Australia, New Zealand, and New Papua New Guinea have the largest economy in Australia or Oceania. But using United States … Read more

List of Central Banks In Africa Along With The Year Each Was Established

central banks in Africa

There are 41 central banks in Africa. While each of the independent countries has an apex bank of its own, two currency unions are associated with multinational central banks. The multinational apex banks are: West African Banque Centrale des États de l’Afrique de l’Ouest (BCEAO) and the Central African Banque des États de l’Afrique Centrale (BEAC). The members of BCEAO and … Read more

African Currencies That Are Weaker Than Naira in 2024

African Currencies That Are Weaker Than Naira

The naira started facing its toughest time, falling freely immediately after the Bola Tinubu-led government announced the floating of the Nigerian currency in June 2023. Right now, it is $/1,300 at the parallel market, and $/₦1,1328.51 at NAFEX at the close of trading on March 27, 2024. The naira has lost its value, but there are … Read more

Full List: 24 Prohibited Items By JAMB

JAMB Prohibited Items for UTME Candidates Nigeria

The Joint Admissions and Matriculation Board (JAMB) continues to update the list of prohibited items on its official website and its social media handles following different tactics used by the highly-techy candidates for the examination. Before now, JAMB prohibited items that candidates are not allowed to take into the examination hall were not up to … Read more

Guideline on JAMB Examination Slip Reprint

JAMB Examination Slip Reprint Guideline

JAMB examination slip contains details of applicants including their names, date of birth, gender, state and local government of origin, the registration number of candidates, and the institutions of choice of the candidates. JAMB issues registration slip after the completion of registration while each candidate is expected to reprint the exam slip. In the registration … Read more

14 Countries in Oceania and Their Currency

Countries in Oceania and Their Currency

Also known as Australia, Oceania is one of the seven continents in the world. It is subdivided into four which include Micronesia, Polynesia, Melanesia, and Australasia. Country Currency Subregion Australia Australian Dollar (AUD) strongest currency in Oceania Australasia Fiji Fijian Dollar (FJD) Melanesia Kiribati Kiribati Dollar and AUD Micronesia Marshall Islands US Dollar Micronesia Micronesia … Read more

5 Reasons Bitcoin Adoption By Central African Republic May Fail

Where To Cryptocurrency in Nigeria

Ordinarily, no one would have expected Central African Republic to be the first country in Africa to adopt bitcoin as an official currency at a time its France-linked CFA franc is worthless. The country’s legislative arm had earlier passed a bill before sending it to President Faustin Archange Touadera for his assent which formally legalise … Read more

10 Exchanges To Buy Bitcoin in Central African Republic With Debit Cards

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On Wednesday, April 27, 2022, the Central African Republic becomes the first country in Africa to adopt the usage of bitcoin as a legal tender along with the CFA franc. President Faustin Archange Touadera signed into law the Cryptocurrency Bill which had a week earlier enjoyed the unanimous passage by the country’s legislative arm. This means … Read more

Meet The Top 5 Trillionaires in Nigeria

trillionaires in Nigeria

A few dollar billionaires in Nigeria are exceedingly rich and when their wealth is converted to Nigerian currency, they should respectably be addressed as trillionaires. The chairman of Dangote Group, the Chairman of Globacom, and the chairman of BUA Group are some of the few trillionaires in Nigeria. These rich individuals either own private jets … Read more