Bluebulb Financials • 16th July 2025 11:02:58 AM
The Cross-Border Payment Jungle Paying international suppliers can sometimes feel like navigating traffic during a rainstorm one wrong move and you’re stuck, soaked, and frustrated. Whether you’re a procurement head for an FMCG brand, a finance lead at a tech distributor, or a SME trying to import raw materials, one thing is clear: international payments […]
Bluebulb Financials • 8th July 2025 10:36:45 AM
Imagine This… You run a business that depends on importing materials or paying offshore vendors. Your goods are ready, your invoice is set, and you’re about to pay. But then, boom! The exchange rate jumps, and the same $100,000 that was ₦110 million yesterday is suddenly ₦115 million today. You lost ₦5 million without selling, […]
Bluebulb Financials • 1st July 2025 2:54:50 PM
In a surprising twist to the currency stories of 2025, Ghana’s cedi has emerged as the world’s best-performing currency, gaining nearly 40–50% against the US dollar between January and June. At a time when many African currencies, like Nigeria’s naira or Egypt’s pound, have struggled under the weight of inflation, devaluation, and forex (FX) scarcity, […]
Bluebulb Financials • 24th June 2025 9:33:52 AM
In April 2025, Nigeria’s inflation rate stayed high at nearly 24% compared to last year. To understand what’s making prices rise, the Central Bank of Nigeria (CBN) asked businesses and everyday people what they think. Here’s what they found — and what it means for you. What People Expect About Inflation What’s Making Prices Climb? […]
Bluebulb Financials • 17th June 2025 10:02:13 AM
In the first three months of 2025, ten big Nigerian companies lost a total of ₦22.1 billion because of foreign exchange (FX) challenges. While this is much better than the huge ₦1.18 trillion loss from the same time last year, ₦22 billion is still a lot of money that could eat into profits. If your […]
Bluebulb Financials • 10th June 2025 9:52:55 AM
As we close the first half of 2025 and look forward, Nigeria’s economy is showing signs of slow but steady recovery. However, rising prices remain a big challenge for businesses and consumers alike. Growth: Slow and Steady Wins the Race Different experts have shared their views on Nigeria’s growth for 2025, and while their numbers […]
Bluebulb Financials • 3rd June 2025 10:50:43 AM
The Bank of England (BoE) recently signalled a potential rate cut in response to slowing inflation and economic pressures. For Nigerian businesses engaged in cross-border trade, this monetary policy shift could have significant implications for the foreign exchange (FX) market, trade financing, and international payments. As a business leader, CFO, or Treasurer, understanding how this […]
Bluebulb Financials • 27th May 2025 9:43:18 AM
In the first quarter of 2025, Nigeria posted a net foreign exchange (FX) inflow of $15.20 billion, a clear signal that ongoing market reforms are bearing fruit and that investor confidence, both local and from the diaspora, is on the rise. For businesses operating across borders, this heightened FX liquidity creates fertile ground for innovative […]
Bluebulb Financials • 20th May 2025 11:15:16 AM
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, […]
Bluebulb Financials • 13th May 2025 11:36:52 AM
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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