Types of Financial Risk and How to manage them

In finance, risk is an inherent thing that individuals and businesses must navigate to achieve their financial goals.  Hence, understanding the various types of financial risk is vital for effective risk management and informed decision-making. This article delves into the key types of financial risk in the financial landscape. Each type has uniqueness,…

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CBN officially floats NAIRA

The Central Bank of Nigeria (CBN) has authorized banks to sell foreign exchange freely at market-determined rates, aligning with President Bola Tinubu's commitment to a single exchange rate regime. This move aims to attract investment and address concerns raised by multilateral lending organizations about the negative impact of multiple currency…

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