Nigerians now discuss the precarious state of their nation’s currency like the English would the weather. It is a perfect conversation starter, a lunch time topic of discussion in offices, the center of arguments at vendor stands, the theme of television and radio shows and even a choice melody for musicians, most notably the three blind minstrels who are fast becoming internet sensations for their analysis of current affairs in their highlife inspired compositions. 874 more words
Tags » Exchange Rate
The Revenue Commissioners have just published their official 2015 average foreign currency exchange rates for 2015 tax returns.
When preparing your 2015 Income Tax return, you should use the specified Revenue rate to convert any income denominated in Sterling, Dollars or another currency, to Euro. 106 more words
Today’s headlines have been dominated by the 9-0 MPC decision (which I correctly anticipated, together with the EURGBP rise, see here). But financial market developments over the past couple of days have also made for some very uncomfortable reading for the ECB – financial conditions have once again tightened despite Draghi’s strong hints at further ECB action in March (see my preview of the January ECB meeting… 1,859 more words
By Busayo Samuel
The Board of Directors of Courtville Business Solutions Plc said it has written off N140million bad debts from its financial books. 146 more words