You are here
Nigerian central bank governor suggests naira has been devalued
By Anthony Osae-Brown and Tope Alake
Saturday, February 27, 2021
Nigeria's central bank governor suggested the nation’s currency has been devalued.
Addressing bankers at a summit on the economy in Lagos on Friday, Governor Godwin Emefiele said the official exchange rate now stands at 410 to the dollar. That’s 7.6% weaker than the rate of 379 published on the central bank’s website.
... Dispatch continues below ...
Prime Mining Named to
TSX Venture Exchange Venture 50
Wednesday, February 24, 2021
VANCOUVER, British Columbia, Canada -- Prime Mining Corp. (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: A2PRDW) announces that it has been named to the 2021 TSX Venture 50, an annual ranking of top-performing listed companies from five industry sectors including mining, oil and gas, clean technology and life sciences, diversified industries, and technology.
The 2021 Venture 50 top performers were selected based on year-over-year performance across three equally weighted criteria: market capitalization growth, share price appreciation, and trading volume for the year ended December 31, 2020.
“We are extremely honored to be recognized and selected by the TSX Venture Exchange within the top 10 of mining companies,” said Daniel Kunz, CEO of Prime Mining.
"The past year has seen Prime Mining evolve on many fronts, including the advancement of our high-grade gold and silver deposit in Sinaloa, Mexico, and the addition of a strong, experienced management and technical team and strategic shareholders Trinity Partners and Pierre Lassonde." ...
... For the remainder of the announcement:
"To adjust for the decrease in supply of foreign exchange, the naira depreciated at the official window from N305/$ to N360/$ and now hovers around N410/$," Emefiele said in Nigeria's commercial hub.
The central bank's spokesman could not be reached when contacted to clarify the governor's statement. ...
... For the remainder of the report:
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
Buyers can compose their case by choosing as many as four varietals from the list here:
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at email@example.com.
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at firstname.lastname@example.org.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: