Moving away from home, making new friends and getting to class on time are some of the big changes college students face after high school. With all that this new group of adults is facing, it’s a wonder that there’s time for anything else, let alone investing. But surprisingly, college is actually one…

A federal high court in Abuja has ordered the world’s largest cryptocurrency exchange Binance to provide Nigeria’s Economic and Financial Crimes Commision (EFCC) with information on all the Nigerians who are using its trading platform. The African nation has been stepping up pressure on crypto exchanges as it tries to halt speculation on its currency, the…

Investing is an effective way to have your money work for you and build wealth. Holding cash and bank savings accounts are considered safe strategies, but investing your money allows it to grow in value over time with the benefit of compounding and long-term growth. Investing is a crucial aspect of financial planning and wealth…

Forex trading, also known as foreign exchange trading, offers several advantages that make it an attractive option for investors. Here are eight key advantages of forex trading: While forex trading offers numerous advantages, it’s important to remember that it also involves risks, and traders should always conduct thorough research, practice risk management, and…

In January 2024, the official foreign exchange rate surged to N1455.59/$, marking a significant depreciation from the previous rate of N464.67/$ in May 2023.  The situation in the parallel, or unofficial, market is equally grim, showcasing a descent from N763/$ to N1470/$ in the same timeframe, translating to a harrowing 48% devaluation.  This…

The Naira experienced a decline against the US Dollar in the official market, closing the week at N1,537.96/$1, amidst persistent demand pressures that continued to undermine the currency’s value.   This decrease coincided with a significant downturn in forex turnover, which plummeted by 74% to $84.10 million.  Both official and black-market exchange rates witnessed…

Making money online in Nigeria is still possible if you have the knowledge and attitude to work. It does not matter if you are employed, unemployed, a fresh graduate, or a student looking for an extra source of income to make ends meet. The fact remains that there are numerous verifiable ways of…

At some point in our lives, we may have thought about the possibility of getting paid to do nothing. Such a thought is usually not realistic but fortunately, there are some ways we can earn a passive income, without much effort — if you know where to look. So, if you are looking…

There are many great forex brokers across the world. However, there are some that cater specifically to the Nigerian market and some that do not. This article will show you a list of registered forex brokers in Nigeria, highlighting the ones that stand out from the crowd.   As part of the list…

Do you have enough money? Do you have everything you’ve been dreaming of? Are you happy with how your life is going? If the answer is ‘Yes’, then just don’t waste your time and close this page. Those who answered ‘No’, go on reading. I’ll tell you how to quit your annoying full…