Starting forex trading with a small budget is a viable option for many aspiring traders. In fact, the forex market is one of the few markets...
Forex trading, also known as foreign exchange or FX trading, has gained significant popularity in Nigeria over the years. It offers individuals an opportunity to profit...
President Bola Tinubu is targeting N1,500 per dollar in the N49.70 trillion 2025 Appropriation Bill presented at the joint session of the 10th National Assembly in...
The World Bank has ranked Nigerian Naira as among the worst-performing currencies in sub-Sahara Africa in 2024. The World Bank, in its latest edition of Africa’s...
Nigeria’s foreign exchange (FX) market surged in turnover to ₦110.35 trillion in the first seven months of 2024. This increase represents a 171.46% growth from the...
Passive investing, a strategy that focuses on long-term gains rather than short-term trading, has gained substantial popularity among investors. Unlike active investing, which involves frequent trading...
The Central Bank of Nigeria (CBN) has announced the commencement of a retail dollar auction to address the growing unmet foreign exchange (forex) demand. This move...
The Nigerian Senate has approved an amendment to the Finance Act of 2023, increasing the windfall levy on banks’ foreign exchange gains from 50% to 70%....
The Central Bank of Nigeria (CBN) has issued a stern warning to banks and other authorized foreign exchange dealers against the continued rejection of old series...
Nigeria’s foreign reserves rose to $34.14 billion as of Friday following a $2.75 billion loan borrowed from the World Bank. This represents a 4.06% rise from...