The rising amount of people looking for instant online money transfers to their home country Nigeria continues. When you arrive at the International airport LAG in Lagos for the first time or returning home it is all about buying mobile credits together with a ticket for onward flights to Abuja or Benin City within a few hours of landing, so it seems bizarre that electronic funds can’t be transmitted the same. With this in mind why do people transfer money to Nigeria?
NCFE Level 2 Certificate in Digital Promotion for Business (601/6673/3)
All answers to your questions for NCFE course assignments. Units ready for you to cut, copy and claim as your own. Please click through to the page listed below or see the sections on this page. No need to work to hard, but if you wish you can find and replace with your own business or organisation in the examples.
What is the African Monetary Union? A dream of many African people some in government and some in business. An economic and monetary union (MCU) is a type of trade bloc that features a combination of a common market, customs union, and monetary union. The African Monetary Union is the proposed creation of an economic and monetary union for the countries of the African Union, administered by the African Central Bank.
The first friends that you will ever have will be found at school and at that time they probably are the most important relationships you have. As we grow up we may then find other friends through clubs or hobbies outside school these are important relationships. A friend in our life is someone to share good times with and a person who can help your through bad time. The old and friend is a person to share memories with and the new friend is a person to being to discovery new experiences. Let us look at the new friends first.
Bureh has integrated bitcoin into its checkout process, making it the first company in Sierra Leone and possibly West Africa to accept the crypto-currency. Bureh hopes this will be the first step to simplifying the currency exchange and risk process all companies face when working in low-income countries. Fatoma Momoh, Production Manager, announced, "one of the biggest challenges of doing business in Sierra Leone is exchange rates and bank fees. Our costs are in Leones and our revenue is in US dollars, Pounds, and Euros.
They usually live in villages with other people of the same ethnic group. While some villages have houses made of modern materials such as cement and metal, many people still live in houses made of clay or dried mud with roofs of grass or palm leaves. A description of common village life in Africa, this is true. Then there is a new Africa were I believe building a modern house in Africa will be an investment. My father always said buy your own land and build on it. OK it can't be that easy! Building a property in Africa, well you just have to plan it.
Some Facts The Digital Currency
- Bitcoin is a form of digital currency, created and held electronically. No one controls it. It can be sent around the world instantly at a low cost.
- Bitcoins aren't printed, like dollars or euros – they're produced by lots of people running computers all around the world, using software that solves mathematical problems.
- Bitcoin has become a hot commodity among speculators.