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Naira Series

Whether you've lost money to rushed transactions, poor lighting, or trusting too quickly, that sinking feeling of worthless paper drives home why verification skills matter; knowledge protects wealth. Every naira note contains built-in security features designed for quick and confident...
The naira is Over-Rated—literally. While the CBN publishes official rates, millions of Nigerians pay parallel market prices, often ₦40-₊50 higher per dollar. Whether you're planning transfers, imports, or personal forex needs, understanding this dual reality protects your money and timing...
Ever wondered why Nigeria operates multiple exchange rates, while most countries have a single one? The naira isn't just over rated—it's systematically managed through a complex web of policies that create artificial scarcity, maintain economic illusions, and shift real costs to ordinary...
Spot Your Platform: Four distinct pathways exist for dollar-to-naira conversion in Nigeria—each revealing different trade-offs between speed, documentation, and rate premiums that transform how you approach currency exchange. Key Points Banks: ₦1,547–₦1,570 rates, heavy documentation...

Series information

Author
Nigerian Bulletin
Articles
4
Views
724
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