Home Sweet Home: How to Know If You’re Ready to Buy a House”

The dream of owning a home is a significant milestone for many individuals, but it’s essential to determine if you’re truly ready to take the plunge into homeownership. The decision to buy a house involves more than just financial considerations—it’s a commitment to a lifestyle and long-term investment. In this blog post, we’ll explore key … Read more

Ensuring Wellness Together: A Comprehensive Guide to Family Health Insurance Schemes

Ensuring Wellness Together: A Comprehensive Guide to Family Health Insurance Schemes Introduction: In the pursuit of a fulfilling life, the health and well-being of your family take precedence. Navigating the complexities of the healthcare system can be daunting, but with the right support, you can secure your family’s health and provide them with the care … Read more

Navigating Peace of Mind: New Car Replacement Insurance Explained and Should You Buy It?

  The thrill of owning a new car is unparalleled, but what if the unforeseen happens, and your brand-new vehicle is involved in a significant accident? This is where new car replacement insurance comes into play, offering a safety net that goes beyond the standard coverage. In this comprehensive blog post, we’ll explore the intricacies … Read more

Cruising with Comfort: The Ultimate Guide to the Best Car Accessories for Traveling with Kids

Embarking on a family road trip can be an adventure filled with laughter, bonding, and memorable moments. However, for parents, it also comes with the challenge of keeping the little ones comfortable, entertained, and safe throughout the journey. In this blog post, we’ll explore a curated list of the best car accessories designed to make … Read more

Cost of living: Cooking gas price increases by 38%, hits N16,250 per 12.5kg

Cooking gas

Liquefied Petroleum Gas (LPG), also known as cooking gas, has increased by 38% month on month (MoM), to N16,250 for a 12.5kg cylinder, up from N11,735.72 in January 2024. Furthermore, the price of one kilogram of gas increased by 37% to N1,300 from N950 during the same period. The latest data from the Nigeria Bureau … Read more

We’re not responsible for Nigeria’s economic woes, says Cardoso

Adeyemi Cardoso

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), claims that he and his team are not to blame for the country’s current economic troubles. He made this statement on Tuesday in Abuja during the apex bank’s first Monetary Policy Committee (MPC) meeting since taking office in September 2023. The governor of the … Read more

Unraveling the Layers: A Comprehensive Guide to Comprehensive Auto Insurance

  Automobiles have become an integral part of our daily lives, providing convenience and mobility. With the joy of car ownership, however, comes the responsibility of safeguarding your vehicle against an array of risks. Comprehensive auto insurance stands as a robust shield, offering coverage beyond the basics. In this comprehensive guide, we’ll delve into the … Read more

CBN increases interest rate to 22.75% as inflation bites harder

CBN 1

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR) by 400 basis points to 22.75 percent, up from 18.75 percent. Governor of the Central Bank of Nigeria, Yemi Cardoso, said this following the first MPC meeting of the year on Tuesday in Abuja. The MPC also … Read more

JUST IN: CBN begins sales of dollars to BDCs

Dollars

The Central Bank of Nigeria (CBN) has announced plans to offer foreign exchange worth $20,000 to any eligible Bureau De Change operator across the country. This comes more than two years after suspended former CBN governor Godwin Emefiele prohibited the sale of foreign exchange to BDC operators in that area of the FX market. The … Read more

CBN releases guidelines to manage tech platforms in financial institutions

cbn 1

The Central Bank of Nigeria (CBN) has released an Exposure Draft of the Risk-based Cyber Cyber-security Framework and Guidelines for Deposit Money Banks (DMBs) and Payment Service Banks (PSBs) in an effort to manage technology platforms and infrastructure used in the operation of banks and other financial institutions. The CBN’s Acting Director of Banking Supervision, … Read more