Tag: Dollar Exchange

  • Businesses Owned By Students Are Crumbling Under Nigeria’s Economy

    Businesses Owned By Students Are Crumbling Under Nigeria’s Economy

    As the country’s economic metrics have continued to maintain its upward trend, Nigerian students who combine academics with entrepreneurship are facing setbacks in growing their business. For Twentyten Daily, Quadri Yahya spoke to some of these students facing this hardship. In October 2022, Sarah Adegboyega, who owns a fashion accessories store, was making a profit…

  • How Much Are Nigerian Banks Charging For Dollar Transactions?

    How Much Are Nigerian Banks Charging For Dollar Transactions?

    A new report has shown that banks in Nigeria have raised dollar charges by 45.15%, following the stoppage of dollar sales to the Bureau De Change (BDC) operators in July 2021 by the CBN. BusinessDay shared that a bank customer performed a dollar transaction and was charged N601 to a dollar for his first transaction…