Tag: Investment
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Nigeria Spends $669m To Defend Naira In Q1 2025 – What Does This Mean?
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,…
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2024 Report: Nigeria’s Top 10 Trading Partners
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…
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Bluebulb FX Weekly Report 2025 Monday May 12th, 2025
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…
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The Importance of Compliance in Global Business
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…
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Save More Money in 2025 with These 5 Simple Hacks
IntroductionWith the rising cost of living and economic uncertainties, saving money in 2025 requires more than just cutting back on coffee runs, it demands smart financial strategies. Whether you’re planning for an emergency fund, investment opportunities, or just looking to make the most of your income, these five simple but effective hacks will help you…
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The $75 Billion Projection: How Africa’s E-Commerce Is Evolving Through Cross-Border Payments
Back in 2017, Africa’s e-commerce sector was valued at $16 billion, but projections indicate it will skyrocket to $75 billion by 2025. This growth is largely driven by cross-border payment solutions, allowing businesses to tap into new markets beyond their home countries. E-commerce in Africa has come a long way from its early days of…
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The Pros and Cons of Naira Investments in 2025
Deciding whether to invest in Naira in 2025 requires a strategic approach, where to invest and how. With inflation at 34.60% as of November 2024, the priority is not just returns but real returns enough to that outpace inflation. In this blog post, we’ll explore the potential advantages and disadvantages of investing in Naira in…
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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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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…
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