Money

The naira started Tuesday on a calm note against the US dollar. One of the most encouraging signs is that the gap between the official exchange rate and the parallel market rate has become much smaller than usual. This points to improving conditions in Nigeria’s foreign exchange market. The Official…

Starting a business with limited capital is often seen as an uphill battle. However, for many entrepreneurs around the world, it’s the very beginning of a success story. With strategic planning and relentless execution, small capital can be the seed of a thriving enterprise. Expert guides underline this reality: cash…

Growing small amounts of money has become essential for Nigerians as inflation consistently decreases purchasing power. Fortunately, there are many regulated investment options, meaning you no longer need millions of naira to start building wealth. Here are eight practical and accessible ways to invest small amounts and grow your money…

The naira strengthened sharply against the U.S. dollar on peer-to-peer trading platforms, exchanging around N1,346–N1,347 per $1 on Thursday. The move marks a major shift from the N1,700+ levels recorded at different points in late 2024 and early 2026. Market watchers link the improved sentiment to recent Central Bank reforms…

Nigeria’s industrial leader, Aliko Dangote, chairman of the Dangote Group, has predicted a much stronger Nigerian naira. He forecasts it could reach N1,100 against the US dollar by the end of 2026. This stands in stark contrast to current exchange rates and many independent economic forecasts. According to reports, during…