The Federal Government (FG) and the Central Bank of Nigeria (CBN) have categorically denied any plans to convert $30 billion domiciliary deposits into naira, refuting recent reports that suggested such measures were being considered to address the foreign exchange (forex)…
Navigating Economic Challenges: Assessing the Impact of Potential Minimum Wage Increase in Nigeria. In response to the escalating inflation rate of 28.92%, President Bola Tinubu has initiated a committee to determine a new minimum wage for Nigerian civil servants.…
In response to the recent guidelines released by the Central Bank of Nigeria (CBN) on International Money Transfer Operators’ (IMTO) operations, questions have arisen about the standing of Flutterwave, Interswitch, and other licensed fintechs offering international money transfer services. The…
The Central Bank of Nigeria (CBN) has issued a new circular that removes the previous cap on exchange rates quoted by International Money Transfer Operators (IMTOs). This follows a circular issued by the central bank addressing suspected cases of excessive…
Oyo State’s OY-CARES Program: N10,000 Monthly Cash Transfers for Vulnerable Households. In an effort to alleviate the economic impact of the COVID-19 pandemic, the Oyo State government is set to distribute N10,000 monthly to 3,300 vulnerable households through the…
Nigeria’s Money Supply Reaches Record N78.74 Trillion in December 2023 In December 2023, Nigeria witnessed a historic high in its broad money supply, soaring to N78.74 trillion, marking a substantial year-on-year increase of 51% from the N52.16 trillion recorded in…
Naira Depreciation Threatens 2023 Dividends: Expert Insights on Impact and Strategies. In light of the recent free fall of the Naira and its potential repercussions on the capital market, some key insights from market experts shed light on the…
Impressive Surge: Nigeria’s Pension Industry Experiences Record N3.36 Trillion Growth in 2023. In a groundbreaking development, Nigeria’s pension sector witnessed an unprecedented surge, with total pension assets soaring by an impressive N3.36 trillion in 2023. The year concluded with…
Unlocking Profits: 5 Lucrative Paths to Monetize Your Gaming Passion/Make Money Playing Games in 2024. In the dynamic world of video gaming, turning your hobby into a source of income is entirely feasible, make money playing Games it’s very…
Check out these eight profitable ways to earn money by watching videos online in 2024. If you find yourself spending a considerable amount of time watching movies, series, YouTube videos, and social media reels, you might think it’s a…