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Campus Drive
Naira has failed to make the list of Representative Exchange Rates for Selected Currencies for June 2024, published by the International Monetary Fund.
The list, which includes currencies from around the world, features several African countries, such as the Algerian dinar (134.492200), Botswana pula (0.072800), Mauritian rupee (46.478600), South African rand (18.697800).
This omission comes as Nigeria’s currency continues to face challenges, including a fluctuating exchange rate and a struggle to maintain stability.
Experts believe that the country’s economic woes have been exacerbated by inflation, currency fluctuations, and a decline in foreign investment.
Chinese state media outlets on Tuesday announced that the lunar probe has successfully taken off from the far side of the moon to begin its journey back to Earth carrying the first-ever samples collected from that region. According to the Chinese media. The craft had landed on Sunday close to the moon's south pole in a world-first feat celebrated by the international science community. It added that the entire probe […]
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