“Nigeria’s Foreign Reserve at $47 Billion. A Strong foreign reserve is good economics.” – AFRIPOL Beyond its cosmetics largess and intimidating attribute, strong foreign reserve plays a fundamental role in the stabilization of a nation’s currency. In case of Nigeria, the country’s currency which is naira must be stabilized for a […]
Digital Currency Market Now Offers CFD Trading on Indices, and More
World-renowned for being a leading hedge fund operating in over 160 countries, Digital Currency Market has now opened a new trading platform at digitalcurrencymarket.io, accessible by all investors. For over two decades, the company had been working exclusively with corporate clients, and this step is in response to the increasing demand on retail clients’ side, […]
What Do Foreigners Love Most About Malaysia?
Did you know there are around 200,000 foreigners living in Malaysia? Aside from that, there were more than 25 million tourists visiting the country in 2015 and the number has steadily increased every year. As Malaysians, we speak highly of things such as great food, superb holiday locations and many others. But have we wondered […]
Understanding Currency Markets
Understanding Currency Markets When we look a the financial markets, one of the first things that come to mind is traditional stock trading. This type of financial investment is great — and stocks have an excellent history of providing great returns for individual consumers that want to get started in investing. But it is important to remember […]
IMF and Nigeria’s Naira: The Politics of Currency Devaluation
The value and worth of a currency is determined by the wealth of a nation. In this era of global capitalism, a wealth of nation goes beyond the conventional valuation based on the natural and human resources. A nation’s image, perception, security and stability also played an important role in the determination of a nation’s […]
I categorically disagree with Prof. Hanke – Naira maybe ebbing but not a junk currency
The power of life and death is in the tongue […]
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