In every market, there are buyers and sellers. Both the buyers and sellers are usually in competitive environments, where the power of negotiation and access to information would greatly impact what they capture as values. Globally, foreign exchange market has…
Since the Central Bank of Nigeria announced its intention of probing the activities of the Aboki FX, a platform that provides foreign exchange information, based on the perceived influence the information had on Naira valuation in recent times, Nigerians across…
Out of 166 global currencies ranked by Xe, the world’s favourite currency site, in terms of popularity, Nigeria is in 58th. The Africa’s most populous country’s currency is behind Kenyan Shillings, Egyptian Pounds, Tunisian Dinars and Moroccan Dirhams. Over the…
