Author: Bluebulb Financials
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Discover How to Save Money on Your Next International Payment
Making international payments is a common necessity, whether you’re paying for goods and services, supporting family abroad, or managing cross-border investments. However, these transactions often come with hidden fees that can take a toll on your finances. Here are some practical tips to help you reduce costs on your next international payment. 1. Shop Around…
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The Future of Nigeria’s Foreign Exchange; What to Expect in 2025
2024 FX Recap Nigeria’s foreign exchange market in 2024 faced notable challenges, with the Naira experiencing 40.9% depreciation against the US dollars in the official market and a 26.8% depreciation in the parallel market. The official exchange rate saw considerable volatility, starting the year at approximately N1,386.5/USD, while reaching an all-time high of N1660/USD in…
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Jingle All the Way to Financial Prosperity: Closing the Year Strong
As the festive season brings joy and celebration, it also offers an opportunity to reflect on financial decisions and set the stage for a prosperous new year. While December is often associated with spending, it can also be a time to reassess, plan, and strengthen your financial position. Here’s how to end the year on…
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The 5 Most Financially Stable Countries in the World
As global economic challenges continue, some nations maintain financial stability by leveraging robust fiscal policies, diversified economies, and efficient governance. Based on recent economic data and analyses, here are the five most financially stable countries in 2024: 1. Switzerland Switzerland continues to top financial stability charts due to its strong banking sector, low national debt…
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An Etiquette Guide for Nigerians Travelling Abroad this December
The holiday season is here, and for many Nigerians, December is the perfect time to explore new destinations, reconnect with loved ones, or enjoy a well-deserved vacation abroad. Whether it’s your first international trip or you’re a seasoned traveler, adhering to key etiquette and preparation tips can ensure a smooth and memorable journey. This guide…
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Monetary Policy Commitee Report, Tuesday 26th November, 2024.
The Central Bank of Nigeria (CBN), through its Monetary Policy Committee (MPC), has raised the interest rate by 25 basis points to 27.50%, according to the latest MPC report released on Tuesday, 26th November. Key Implication:The cost of borrowing remains high as part of efforts to tame inflation. CBN #MPC #FinancialUpdate #MonetaryPolicy #NigeriaEconomy
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Managing Your Treasury in a Volatile Economic Environment
In today’s rapidly changing global economy, managing your treasury effectively has become more crucial. Economic volatility can significantly impact businesses, creating uncertainty and financial risks. To navigate these challenges, it’s essential to implement robust treasury management strategies. Key Strategies for Effective Treasury Management: Need a treasury management team for optimal management of your cash flow,…
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Bluebulb Financials Showcases Thought Leadership at Treasury 360 Conference
Bluebulb Financials took center stage at this year’s Treasury 360 Conference, held on the 14th of November, further solidifying its position as a leader in treasury management and financial innovation. The event, which brought together financial experts, treasury professionals, and industry innovators, focused on key topics such as policy implications, navigating market complexities, and building…