Tag: Hidden Secrets of Money

CBN: Jail Time for People Converting Naira to Dollar – A Political Statement not Policy

For over 7 years Nigerians have experienced various policy update from the Central Bank of Nigeria (CBN). From the banning of forex sale in banks, restriction of travel allowance to a directive regarding an end to sale of forex for academic, travel and medical purposes. This list is not exhaustive. But it does paint in… Read More CBN: Jail Time for People Converting Naira to Dollar – A Political Statement not Policy

Nicholas A AkpoghorLeave a comment

Gold, Silver and Metal Prices – 21:15 GMT 11th July 2022

Precious metals are items with intrinsic value as a standalone. Unlike currency notes which can be printed, precious metals are of limited supply. This could be a method of storing resources if from a verified source. Interest rates on stored cash in the bank is of lesser value than 30 years ago. Thus, exploring newer… Read More Gold, Silver and Metal Prices – 21:15 GMT 11th July 2022

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Foreign Exchange Rates by Country Central Banks – 17:05 GMT 2nd July 2022

Central Banks control official reporting of exchange rates. There are policies which enable citizens benefit from the best rates possible compared to other sources of forex. People need a working understanding of the dynamic applications of forex. There is a story of retirees from Poland who were paying their mortgage in foreign currency and the… Read More Foreign Exchange Rates by Country Central Banks – 17:05 GMT 2nd July 2022

Nicholas A AkpoghorLeave a comment

Foreign Exchange Rates by Country Central Banks – 17:05 GMT 11th June 2022

Central Banks control official reporting of exchange rates. There are policies which enable citizens benefit from the best rates possible compared to other sources of forex. People need a working understanding of the dynamic applications of forex. There is a story of retirees from Poland who were paying their mortgage in foreign currency and the… Read More Foreign Exchange Rates by Country Central Banks – 17:05 GMT 11th June 2022

Nicholas A AkpoghorLeave a comment

Gold, Silver and Metal Prices – 09:10 GMT 11th June 2022

Precious metals are items with intrinsic value as a standalone. Unlike currency notes which can be printed, precious metals are of limited supply. This could be a method of storing resources if from a verified source. Interest rates on stored cash in the bank is of lesser value than 30 years ago. Thus, exploring newer… Read More Gold, Silver and Metal Prices – 09:10 GMT 11th June 2022

Nicholas A AkpoghorLeave a comment