“Naira looks Cheap”, to appreciate to N1,200/$1 – Goldman Sachs

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Goldman Sachs analysts Andrew Matheny and Bojosi Morule forecast a large increase in the exchange rate to N1,200/$ in 12 months. This represents a huge...

JUST IN: Bank of Ghana suspends forex licences of GTB and...

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The Bank of Ghana has declared that Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN)'s foreign exchange trading licences will be...

JUST IN: CBN revokes operational licenses of 4,173 BDCs

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The Central Bank of Nigeria (CBN) has withdrawn the operational licenses of over 4,000 Bureau De Change (BDC) businesses that fall under its jurisdiction. The...

Nigerian Government fines Binance $10billion

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The Nigerian government has imposed a $10 billion fine on Binance as it continues to tighten down on the cryptocurrency exchange site. President Bola Tinubu's...

JUST IN: Naira hits a new record low of N1,410 /$1...

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On Thursday, the naira sank to a record low of N1,410 per dollar due to significant demand on the parallel market, often known as...

The main reasons why I may be denied a Forex permit

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Why can I be refused a Forex permit? The Forex market is one of the most stable and profitable global financial markets. Therefore, most investors...

Investments in Financial Education: Why Knowledge is the Most Essential Asset

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Intelligence is usually compared to a person's knowledge. The more you know, the better you are at a specific field or skill, and you’ll be...

What Business Can I Start With 50k as a Student

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As a student, the idea of starting a business may seem daunting and unrealistic, especially with limited funds. However, starting a business as a...

JUST IN: Exchange rate falls to N993 to $1

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The exchange rate between the naira and dollar fell to the lowest level ever on NAFEM where forex is sold officially. This represents a massive...

Nigerian Billionaire, Mike Adenuga Loses $300 Million

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Nigerian billionaire, Mike Adenuga has lost a staggering $300 million. This is according to a report by Nairametrics. The report stated that the Chairman of Conoil...
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