By Daniel Edu
Find the latest Dollar to Naira exchange rate at the black market (Aboki fx) for 28th July below. The buying rate is N865, while the selling rate is N872 according to sources at Bureau De Change (BDC). Remember, the Central Bank of Nigeria (CBN) does not recognize the parallel market, urging individuals to approach their respective banks for Forex transactions. Prices may vary, so please check with your sources.
A Cashless Economy: A Win-Win for Businesses in Nigeria
A cashless society holds immense benefits for businesses like Mr. Chukwu’s in Lagos. Dealing with cash comes with challenges like change management and security concerns. Embracing digital transactions in a cashless economy offers seamless, immediate, and secure transactions, allowing business owners to focus on customer service and growth. Moreover, going cashless provides businesses with valuable data insights into consumer behavior, enabling informed decisions and improved customer experiences, fostering loyalty and business success.
