In the first quarter of 2025, Nigeria posted a net foreign exchange (FX) inflow of $15.20 billion, a clear signal that ongoing market reforms are bearing fruit and that investor confidence, both local and from the diaspora, is on the rise. For businesses operating across borders, this heightened FX liquidity creates fertile ground for innovative […]

In Q1 2025, the Central Bank of Nigeria (CBN) reportedly spent $668.8 million in foreign exchange interventions to cushion the Naira against growing market pressures. This information, detailed in a recent AllCO Capital Limited report, highlights the ongoing struggle to stabilise the local currency amidst soaring demand for foreign exchange. Yet, despite this hefty intervention, […]

In 2024, Nigeria recorded N138 trillion in foreign trade volume, a remarkable 106% increase when compared to the N66 trillion recorded in 2023. This surge is largely attributed to the rise of cross-border payment companies like Bluebulb, which have strengthened connections with international payment processes, compliance and fintech solutions. These efforts are empowering businesses to […]

The Naira faced renewed pressure this week amid escalating US-China tradetensions and signi cant oil price drops. USD/NGN settled at NGN 1,599.94,while EUR/NGN and GBP/NGN showed marginal strength against the Naira.Oil prices have plummeted to $60.23 per barrel (-16.89% YTD) following OPEC+’s surprise decision to increase production. Nigeria’s foreign reserves remain stable at $38.4B, providing […]

There’s a popular saying: “When two elephants fight, it’s the grass that suffers.” In this case, the elephants are the United States and China, while Nigeria, like many other nations, finds itself amongst the grass that may bear the brunt of the escalating trade war. To what extent could this conflict impact Nigeria’s foreign exchange […]

Our Easter-themed campaigns “The Highest Exchange” and “No Greater Love” have just been featured on Ads of the World. A proud moment for our in-house marketing team. In the Easter piece, we explored a powerful metaphor: a digital currency board displaying the ultimate trade, freedom for sin. A striking blend of faith and finance, this […]

Businesses face numerous challenges in maintaining stable and efficient supply chains. Disruptions from geopolitical events, economic fluctuations, natural disasters, and global pandemics have highlighted the need for supply chain resilience.  To stay competitive and mitigate risks, businesses must develop strategies that strengthen their supply networks. Here’s how to build a resilient global supply chain. 1. […]

Sticking to a budget is easier said than done. Many individuals and businesses set financial goals but struggle to adhere to them due to unforeseen expenses, poor planning, or lack of discipline. If you find yourself constantly exceeding your budget, here are some reasons why and how you can fix them. 1. You’re Not Tracking […]

What is Compliance in Global Business? Compliance refers to adhering to laws, regulations, and industry standards that govern business operations in different regions. These regulations may cover financial transactions, data privacy, anti-money laundering (AML), tax obligations, and more. Non-compliance can lead to severe consequences, including fines, legal actions, reputational damage, and operational disruptions. Why Compliance […]

Imagine this: You’re a business owner in Nigeria importing raw materials from China. You agree to pay your supplier $50,000 in 60 days. Today, the exchange rate is ₦1,200 per dollar, meaning the cost in naira is ₦60 million. But what if, by the time payment is due, the exchange rate jumps to ₦1,400 per […]