Gradually and, just before you could blink an eye, the exchange rate of one US Dollar inched to N1,000, further widening the Importers & Exporters (I&E) window and the black-market rate to over 219 Nigerian Naira, even with the celebrated unification of the official and parallel market rates.  What a dilemma! The question on everyone’s lips is “how did we …

With the rate of exchange for foreign airlines going up for the third time in less than a month to N582/$1, an economy class ticket for a six-hour Lagos-London flight now cost between N1.1 million to N2.97 million, while a business class fare is between N3.36 million and N4.8 million. The variation depends on the airline of choice. The Guardian …