Rates, policy and honest context - the blog behind the market terminal.
How diaspora remittances and oil exports both bring dollars into Nigeria, how they compare, and what their balance means for the naira.
What a trade balance is, why Nigeria's imports and exports move the naira, and how a trade surplus or deficit shows up in the exchange rate.
How Nigeria's foreign-exchange market is structured: the official window, banks, bureaux de change and the parallel market, and how a rate is formed.
How the CBN's benchmark interest rate (MPR) influences the naira, inflation and FX flows, and why a rate decision can move the exchange rate.
How remittance apps like Lemfi and Grey move money to Nigeria, where their rates and fees come from, and how to compare them against the real cost.
What the Bank Verification Number (BVN) is, how to get and check yours, why banks and FX services need it, and how it protects your accounts.
How to confirm a bank transfer really landed in Nigeria and protect yourself from fake-alert scams: verify in your own app, never trust a screenshot.
A step-by-step guide to opening a GTBank domiciliary account in Nigeria: requirements, documents, funding, and how to use it for dollars, pounds or euros.
How to send money from Nigeria to Canada in 2026: allowed channels for tuition and support, the naira to Canadian dollar rate, documentation and timing.
How to send money from Nigeria to India in 2026: the allowed channels for tuition and medical, the naira to rupee rate, documentation and timing.
