JUST IN: Bank of Ghana suspends forex licences of GTB and...
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
The Central Bank of Nigeria (CBN) has withdrawn the operational licenses of over 4,000 Bureau De Change (BDC) businesses that fall under its jurisdiction.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
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...
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
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
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
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
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
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...
“43 banned items is reason for exchange rate disparity” CBN shockingly...
In a stunning U-turn, the Central Bank of Nigeria (CBN) has blamed the growing discrepancy between official and black market exchange rates on the...







