There’s a rising trend of cheap scams on Binance among Nigerians. Yesterday, fraudsters almost got two of my friends on the Binance peer-to-peer (P2P) platform. From the screenshot below, the con artist created an ad to sell 900,000 naira at N583.6 per USDT. But upon clicking on the advert, the…

Commercial banks in Nigeria have lowered the spending limit available to customers bearing a Naira debit card to $20. To buy a laptop that costs $999 from Amazon or AliExpress, you will need a dollar card to make the transaction. Below are 6 Distinct Ways to Get a Dollar Card. …

How to Set up TransferWise Account without Debit Card [for Nigerians] A complete guide with screenshots. Since late 2021, Wise no longer accepts Nigerian-issued debit cards on their platform. This made account verification a nightmare for most Nigerians. …

A graph obtained from the Central Bank of Nigeria’s (CBN) website shows the steady upward trend of the dollar against the Naira since 2013. From the CBN data, one million Naira depreciated over 9 years to N273,656.