The Central Bank of Nigeria (CBN) has recently announced a significant overhaul of the Nigerian Foreign Exchange (FX) Market, with the goal of enhancing liquidity and stability. As part of this effort...
Just like you count a dozen bananas or weigh kilograms of apples, the Forex market has its own unit of measurement, and that is the lot size which you can measure using a lot size calculator or manual...
What is Bitmex TradingBitmex is a platform where strictly cryptocurrencies can be exchanged and traded, just like in the stock markets and forex trading, think of bitcoin as the forex of cryptocurrenc...
When comparing binary options to forex trading, it is essential to have a solid understanding of both the similarities and differences between the two. In this section, we will discuss the defini...
In Nigeria, the recent redesign of Naira notes has caused a shortage of the currency in circulation, leading to difficulties in accessing cash for daily transactions. At the same time, there is also a...
Forex trading is a potentially lucrative opportunity but many people are put off by the thought of trading forex because they perceive it to be a complicated process. However, automated trading strate...
A financial market is a marketplace that offers a platform for the selling and purchase of assets including bonds, equities, currency trading, and derivatives. In the United States and ...
Experts have cautioned that an increase in political activity will make the naira crisis worse. The currency's value has continued to fluctuate on several markets, and analysts are conc...
Tuesday, March 29th, 2022: At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate closed at N417/$1. On Tuesday, March 29th, 2022, the I&E window e...
The personal finance "experts" will tell you that saving money is a good idea. And they're not wrong. But just because it's good doesn't mean it's easy.Saving money can be difficult, and the most comm...