Pyoneer can no longer send dollars and other foreign currencies to Nigeria. This change is due to banks in the country implementing the latest foreign exchange guidelines set by the Central Bank of Nigeria (CBN). This marks a departure from previous practices where freelancers could transfer funds from their Payoneer account directly to their domiciliary … Read more
Nationals of 10 African countries accounted for $79.3 billion in remittances in 2023. The top five are Egypt, Nigeria, Morocco, Ghana, and Kenya. Egyptians in diaspora sent approximately $24.2 billion back home, while Nigerians and Moroccans abroad sent $20.5 billion and $12.1 billion respectively to their home countries. Remittances are the funds or monies that are … Read more
The Central Bank of Nigeria (CBN) is bringing another twist to Nigeria’s foreign exchange market by removing ±2.5% cap spread on interbank FX transactions. The latest announcement overrides the initial practice when there was ±2.5% cap spread on FX transactions. The apex bank noted that the removal of spread would enhance a market-based price discovery … Read more
Surprisingly, Ivory Coast came from one goal down to beat the Super Eagles of Nigeria 2-1 in the 2023 AFCON final. Ivorians are the host and Africa’s champion. Congratulations to them! The Africa Cup of Nations (AFCON) is the juiciest soccer competition on the African continent, held biennially. It is organized by the Confederation of … Read more
Five Nigerians died from shock during the semifinal match between the Super Eagles of Nigeria and Bafana Bafana of South Africa at the 2023 Africa Cup of Nations (AFCON). This validates the research by Professor Diederick Grobbee and his team in 2000 that “Watching Football can kill you.” Super Eagles Promise To Win 2023 AFCON … Read more
The Confederation of African Football (CAF) comprises 54 member countries, many of which are renowned for their distinctive nicknames. Most of them are known for nicknames associated with majestic animals, symbols of strength, or ancient heroes. Here is the complete list of African National Football Teams by their nicknames:
Most times, claiming the investment holdings, including stocks, bonds, and other securities of a deceased family member involves a tedious legal process, especially if the deceased died intestate (without a Will). So, if your parent, grandparent, spouse, or any family member has passed away without leaving a will, you might have a backlog of unclaimed … Read more
CFD trading has become very popular over the years. The advancements in technology and online trading platforms have made all CFD instruments easily accessible and tradable for everyone. You can explore multiple markets with CFD trading, one of which is the dynamic forex market. Forex CFDs have become one of the most traded instruments on … Read more
You might be among the owners of over N190 Billion in unclaimed dividends if you purchased shares from a company many years ago and haven’t checked back since then. You or your family member could have millions or billions of naira sitting dormant somewhere, waiting to be claimed. This guide will show you how to … Read more
The Somalian currency (SOS) is now stronger than the Naira. 1 SOS can buy N2.8, meaning 50,000 SOS is equivalent to 140,000 naira at the time of publication, just as a foreign exchange crisis envelops Africa’s biggest economy amid acute inflation. SOS gained 157.67 percent against the Nigerian currency from February 1, 2023, to February … Read more