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Nigeria is burning through its foreign exchange reserves at a rate not seen in four years, raising concerns that the central bank is depleting its dollar holdings to support the naira after pledging it would allow the currency to float more freely.
Liquid reserves declined 5.6% since March 18, when the naira started its rebound from record-low…Read More
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When Mercy speaks judgement is cancelled and when Grace speaks protocol is broken. May Mercy and Grace speak for you always in Jesus name. Have a blissful weekend.
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Zimbabwe introduces new currency (ZiG) backed by gold. Recall that Zimbabwe currency trades as one of the weakest in the world and in a bid to appreciate it in value, the govt of Zimbabwe announced that the new currency is deliberate attempt to rescue the Zimbabwean currency exchange and economic value.
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Is this current news?
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I’m 22 years old and I want to become a millionaire by 35. How do I do this?
I am going to teach you a sure-fire path to having $1,000,000 in the bank before you turn 35.A millionaire has a $1,000,000 net worth. At a standard 6% rate of return, you are going to need to save $50,000 a year, every single year.
Assuming you want have a family…Read More
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Some of the majors taken by CBN really worked out. One of it is the closure of P2P in Binance a centralise crypto exchange market. After the closure Naira started rebounding. The market cap of crypto alone in Nigeria will surprise you. It was a major target to rescue the Naira.