The Association of Nigerian Licensed Customs Agents (ANLCA) have made demands to the federal government as CBN changes ...

The Central Bank of Nigeria has released a new exchange rate to clear goods at the nations ports and airports as the naira ...

U.S. president-elect Donald Trump has complained about his country’s trade deficit. He also said the U.S. dollar must remain ...

Purchasing power is the value of a currency in real terms—based on the goods and services each unit can be exchanged for. Remember when you could buy two Mcdonald's Big Macs with a $5 bill in 2000?

In the process the Silk Road enriched not just the merchants who carried and exchanged goods, but the people of countries and cultures all across Eurasia. It is perhaps worth noting, however, that ...

Historians think the Indus people invented dice. Indus Valley traders did not use money, so they probably exchanged goods. They might swap two sacks of wheat for one basket of minerals.

KCSO launched a new program called "Safe Exchange." It is designed for those who have purchased goods online from Facebook Marketplace or a similar platform and need a safe place to meet for the ...

Cryptocurrency (or “crypto”) is a digital currency that can be used to buy goods and services or traded for a profit. Bitcoin is the most widely used cryptocurrency. Many, or all, of the ...

In the earliest days, barter trade, a system where people directly exchanged goods without a standard currency, was essential for survival, yet it had limitations. Disparities in value ...