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For example, to calculate the 6-month forward premium or discount for the euro versus the dollar deliverable in 30 days, given a spot rate quote of $1.2238/€ and a 6-month forward rate quote of $1.2260/€: = = = %
This also made Nigeria the last country in the world to abandon the £sd currency system in favour of a decimal currency system. There was a government plan to redenominate the naira at 100:1 in 2008, but the plan was suspended. The currency sign is U+20A6 ₦ NAIRA SIGN. The name "Naira" was coined from the word "Nigeria" by Obafemi Awolowo.
Nigeria ranks sixth worldwide and first in Africa in farm output. [64] The sector accounts for about 18% of GDP and almost one-third of employment. Though Nigeria is no longer a major exporter, due to local consumer boom, it is still a major producer of many agricultural products. [65] Further agricultural products include palm oil and rubber.
The rupee coin has been used since then, even during British India, when it contained 11.66 g (1 tola) of 91.7% silver with an ASW of 0.3437 of a troy ounce [19] (that is, silver worth about US$10 at modern prices). [20] Valuation of the rupee based on its silver content had severe consequences in the 19th century, when the strongest economies ...
The Guardian was a pioneer in introducing high-quality journalism to Nigeria with thoughtful editorial content. [2] The paper was first published on 22 February 1983 as a weekly, appearing on Sundays. It started daily publication on 4 July 1983. [3]
USA TODAY 5 hours ago Blowout September jobs data points to solid economy, slower Fed rate cuts, analysts say September's 245,000 new jobs topped consensus forecasts by about 100,000.
This is a list of newspapers in Nigeria. The list includes print and online newspapers currently published in Nigeria that have national circulation or that are major local newspapers. [ 8 ]
The Nation is a daily newspaper published in Lagos, Nigeria. According to a 2009 survey it was the second-most-read newspaper in Nigeria [citation needed], and this result was repeated in a 2011 report by The Advertisers' Association of Nigeria (ADVANS). [2] The paper's website says it stands for freedom, justice and the market economy.