Banking

Ghanaian Cedi fell by 72% against the dollar in 10 months

The Ghanaian cedi has lost 72% of its value against the US dollar since the start of the year. At the time…

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5 ways to buy Dollars with Naira online in Nigeria

Nigeria’s persistent dollar scarcity has led the government to introduce some stringent measures to control access to it. Before now,…

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Why the CBN raised Nigeria’s interest rate, explained

Nigeria’s apex bank, the Central Bank of Nigeria CBN has increased the country’s interest rates thrice in a row, first from…

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Islamic banking in Nigeria, explained

Islamic banking is a type of financial system which can be generally summarized as non-interest banking. Conventional banks make a…

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First Bank announce stoppage of dollar transaction on naira cards

FirstBank Nigeria has announced the stoppage of all international transactions on naira denominated cards due to the forex scarcity in…

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Fidelity Bank Personal Loans: Apply online

Fidelity bank offers a wide range of personal loan products to meet customer’s short term emergency needs. The customized loans…

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Best savings apps in Nigeria with the highest interest offered, 2022

Saving for the rainy day used to be done in less sophisticated ways where one can own a physical piggybank…

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Why are Nigerian banks closing earlier than normal?

Commercial banks in Nigeria are shutting their doors earlier than normal, and customers are beginning to notice. The normal operating…

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How to Open a United State Bank Account and Credit Card as a Foreign Citizen

Having an American bank account and a credit card comes with plenty of advantages. The US has the world’s largest…

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Form M Explained: What it is, Download and Registration

With the persistent FX scarcity plaguing Nigeria, and the security challenges the country is facing, the government is taking several…

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