Tag: money market

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BLUE UPDATE

Naira Declines by N3.44 Against Dollar Daily – CBN

The naira has weakened in both official and unofficial foreign exchange markets versus the dollar. Data from the Central Bank of Nigeria’s forex indicated that the naira fell further to N1,605.62 per dollar on Monday, down from N1,602.18 exchanged the previous Friday.

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BLUE UPDATE Lifestyle

8 Right Things to Invest your Finances.

Finance ( money) seem like it should be stashed in a bank or safe and not spent. Although it is proper to save for the rainy day, its also crucial to find the right places to invest or spend it. Below are 8 places we feel you should invest your money ; 1. Pay your […]

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BLUE UPDATE

CBN Shuts Down #cryptocurrency Exchange Bank Accounts

The Central Bank of Nigeria has shut Down Cryptocurrency Exchange Bank Accounts. The memo dated “February 5, 2021 Reads – LETTER TO ALL DEPOSIT MONEY BANKS, NON-BANK FINANCIAL INSTITUTIONS AND OTHER FINANCIAL INSTITUTIONS The Central of Bank of Nigeria’s (CBN) circular of January 12, 2017 ref FPR/DIR/GEN/C1R,06/010 which cautioned Deposit Money Banks (DMBs), Non-Bank Financial […]