Author: Bluebulb Financials
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CBN Recapitalization: Only 6 Banks Have Met the Central Bank’s Target, See List.
Introduction In March 2024, the Central Bank of Nigeria (CBN) raised the minimum capital requirements for banks: ₦500 billion for those with international authorisations, ₦200 billion for national licenses, and ₦50 billion for regional banks. With a deadline set for March 2026, banks have just six months left to comply. As of October 2025, only…
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How Nigeria’s New Tax Acts Impact Cross-Border Payments
Change is coming, and you should brace for its impact. On June 26, 2025, President Tinubu signed Nigeria’s most comprehensive tax reform in decades into law. Starting January 1, 2026, businesses will operate under an entirely new fiscal framework, one that could either unlock unprecedented opportunities or create costly compliance nightmares, depending on how prepared…
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A New BRICS Currency: Threat or Opportunity for the US Dollar?
Introduction What if the US dollar doesn’t dominate the financial world? The BRICS (Brazil, Russia, India, China, South Africa, and recent additions) is actively exploring a new currency or payment framework that could challenge the status quo. For global finance leaders, this raises big questions: Will this shift threaten dollar dominance? Or open new opportunities…
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How to Recover from Corporate Trading Losses
In today’s volatile global markets, even the most experienced corporate treasury teams can face trading losses. Whether it’s due to FX volatility, commodity price swings, or market miscalculations, losses can impact cash flow, erode investor confidence, and put business expansion plans on hold. The key isn’t just avoiding losses, it’s knowing how to recover effectively…
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Data Privacy and International Payments: What Every Executive Should Know
African businesses are engaging in cross-border transactions more than ever. From paying overseas suppliers to receiving payments from international clients, the movement of funds across borders has become a daily reality for many organisations. However, while speed, convenience, and competitive foreign exchange rates often dominate conversations, data privacy is increasingly becoming just as important, especially…
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Naira Won’t Drop Beyond N1600 in H2 2025: Here is What Analysts Have to Say
For African businesses engaged in cross-border trade, the exchange rate is a competitive advantage. Recent market analysis suggests that the Nigerian naira is unlikely to depreciate beyond ₦1,600 to the US dollar in the second half of 2025. This forecast, supported by economic data and policy trends, gives businesses a valuable window to plan and…
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Beyond Speed: The True ROI of Faster Global Settlements.
In international trade and corporate finance, speed often takes centre stage in discussions around payments. Business leaders talk about “fast transfers” and “instant settlements” as if they were just about convenience. But when you look deeper, faster global settlements aren’t just about speed — they’re about measurable business impact. At Bluebulb, we’ve seen firsthand how…
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Naira Card for Global Payments: What This Means for Nigerian Businesses
After years of restrictions, Nigerian banks have resumed international transactions on Naira debit cards. This move, following a wave of FX policy reforms, marks a potential turning point for businesses, especially SMEs and digital enterprises that rely on cross-border services and suppliers. But what does this mean for your business? A Brief Background: What Changed?…
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Policies That Have Shaped the Nigerian Currency Market in 2025
The Nigerian currency market in 2025 has been shaped by policies and choices that affect liquidity, pricing, and settlement windows for corporates. Over the past months, the Central Bank of Nigeria (CBN) and other policymakers have introduced reforms and interventions designed to stabilise the naira, tighten governance of FX markets, and improve predictability for businesses…
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Behind the $41 Billion FX Reserve Projection: Why Nigerian Businesses Should Still Be Cautious
Introduction: Nigeria’s FX Reserves Are Rising In the face of recent economic challenges, Nigeria’s foreign exchange (FX) reserves are projected to reach $41 billion by year-end, representing a potential increase from the current level of just under $34 billion. On the surface, this sounds like welcome news; more reserves typically signal improved currency stability and…
