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Nigeria Village That’s Still Trading By Barter - Education - Nairaland

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Nigeria Village That’s Still Trading By Barter by Ytgud: 6:14am On Jan 11, 2019
Bartering involves a direct trade for goods and services. Although some aspects of this transaction are similar to the exchange of money, bartering required time as people hammered out the terms of the deal. Utilizing money as the medium for trade simplified transactions significantly. Trade and barter were precursors to the monetary system used in today’s society. Although trade and barter may seem almost archaic, they were the business solutions for people who lived before the convenience of credit card processing.


Trade by Barter is still in existence at the ancient town of Bagana in Omala Local Government Area of Kogi state

Bagana is bounded on the north to River Benue separating it from Guto, Umaisha, Obatukwu and Loko in Nasarawa state, and on the East by Agatu LGA of Benue state. Bagana is 15km away from Abejukolo, headquarters of Omala LGA, with river access to Lokoja the Kogi state capital could be More HERE
Re: Nigeria Village That’s Still Trading By Barter by uzedo1(m): 2:51pm On Jan 11, 2019
In 2019 shocked shocked

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