Money

The naira gained slightly, changing hands at about ₦1,487 per dollar in the parallel market and ₦1,447 in the NFEM window, as the spread continued to tighten. The slight rebound reflects improved liquidity in the foreign exchange market following the Central Bank of Nigeria (CBN) ‘s interventions and a slowdown…

Government policies are not just political news. Every tax change, new CBN rule, pension guideline, or import policy eventually affects your money.  After the tough times in 2023 and 2024, the Nigerian economy looks a little calmer. Inflation has dropped, interest rates are high, and the naira is stronger.  This…

Nigeria’s currency firmed slightly at the official window on Tuesday, while parallel-market levels held broadly steady as traders digested recent Central Bank of Nigeria (CBN) moves. At the Nigerian Foreign Exchange Market (NFEM), the dollar traded at approximately ₦1,457.06 per $1 as of the latest print today. This marks a…

Probation is one of the most important phases of any job, yet many employees often overlook it. In Nigeria, most companies set a 3–6 month probation period before confirming a new hire.  This period is not just a formality, it’s a structured test that helps employers and employees determine whether…

The naira weakened for a third straight session on Wednesday, closing at ₦1,473.29 to the United States dollar at the official market.  This compares with ₦1,463.23 on Tuesday and ₦1,457.51 at the start of the week, extending a slow but persistent slide. Dealers attribute the move to end-user demand from…