$1 ‘Sells For N690 At Black Market’

Are the price of imported goods in Nigeria about to go down as $1 now sells for N690 black market rate, according to some reports? Let’s watch and see. Nigerians may be able to afford more this Xmas season if this continues.

STUFF: AUSTRALIAN COMPANY WORTH MILLIONS SOLD FOR $1!

Stuff, a company that brought in $5.5 million from revenue of $269 million last year, has just been sold for $1! You heared right, $1! I mean, why would the owners of Stuff, an Australian news site worth millions be sold for just $1? One dollar? Money that’s not enough to buy a cuppa coffee…… Continue reading STUFF: AUSTRALIAN COMPANY WORTH MILLIONS SOLD FOR $1!

Western sanctions force Zimbabwe to return to national currency, amidst fears of hyper inflation

Zimbabwe has announced plans to introduce a new currency within months. This comes as a shortage of U.S. dollar notes in the country has forced businesses to close down. In the past two months, there have been acute shortages of imported goods in the country. Inflation has again shown its hideous shadow. The price of…… Continue reading Western sanctions force Zimbabwe to return to national currency, amidst fears of hyper inflation