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Stay updated with the latest market trends and forex insights

14th January 2025 9:29:56 AM

How Exchange Rates Can Impact Your New Year Budget

As the new year begins, many individuals and businesses focus on budgeting to ensure financial stability and growth. However, one factor that often goes unnoticed is the impact of exchange rates. Here’s how exchange rates can affect your budget and what you can do to stay ahead. 1. Increased Costs for Imports If you’re purchasing […]

7th January 2025 9:26:52 AM

Tips to Plan for Your FX Needs in 2025

As the global financial landscape continues to evolve, having a well-thought-out strategy for your foreign exchange (FX) needs is essential. Planning can save money, reduce risks, and ensure smooth operations for businesses and individuals dealing with international transactions. Here are key tips to help you prepare for your FX needs in 2025. 1. Monitor Exchange […]

24th December 2024 7:54:00 AM

Declutter Your Finances: Year-End Tips to Start Fresh in the New Year

As the year winds down, it’s a great opportunity to reflect on your financial journey and make sure you are in the best position to start fresh in 2024. For Nigerians, this is especially important given the fluctuating economic environment, inflation, and the need for efficient management of savings, investments, and expenses. Here are some […]

17th December 2024 7:47:36 AM

A Visitor’s Guide to Getting the Best FX Deals in Nigeria.

Navigating the foreign exchange (FX) market in Nigeria can seem overwhelming for visitors, especially with fluctuating rates and varying service providers. Whether you’re visiting for business or leisure, getting the best FX deals ensures you get the most value for your money, leaving you with more to enjoy during your stay. Here’s your guide to […]

10th December 2024 8:50:20 AM

Holiday Travel Currency Exchange Tips For Travelers

The holiday season is perfect for exploring new destinations and reconnecting with loved ones. However, a seamless travel experience also involves smart currency management. At Dealmakers BDC we specialize in making your foreign exchange transactions secure, convenient, and competitive. Here are essential tips to help you navigate currency exchange during your travels. 1. Plan Ahead […]

26th November 2024 8:30:36 AM

Tips for Choosing the Right Bureau de Change

When it comes to exchanging foreign currency, selecting the right Bureau de Change (BDC) is crucial. A reliable BDC can offer competitive rates, efficient service, and peace of mind. Here are some essential tips to help you make an informed decision: 1. Reputation and Credibility: 2. Exchange Rates: 3. Location and Convenience: 4. Service and […]

19th November 2024 10:06:52 AM

Traveling for Business? Here’s How to Prepare Your BTA Application

A Business Travel Allowance (BTA) is a financial provision granted to employees traveling on business trips to cover expenses such as accommodation, transportation, and meals. Preparing a strong BTA application is essential to ensure a smooth and hassle-free travel experience. Key Steps to Prepare Your BTA Application Get your BTA/PTA from us today. Get your […]

12th November 2024 9:06:09 AM

Evolution of Bureau de Change in Nigeria

The evolution of Nigeria’s foreign exchange market has been shaped by various factors, including international trade, domestic institutional changes, and production shifts. Prior to the establishment of the Central Bank of Nigeria (CBN) in 1958 and the Exchange Control Act of 1962, foreign exchange was largely earned by the private sector and held abroad by […]

5th November 2024 8:43:49 AM

Risk Management Strategies for Businesses Operating in Multiple Countries

International business offers numerous opportunities but also involves significant risks. These risks include fluctuating exchange rates, cultural differences, political instability, and online fraud. By partnering with the right international businesses, you can effectively assess and manage these risks, ensuring the success of your cross-border ventures. This blog post explores the risk management strategies international business […]

29th October 2024 11:33:00 AM

Meet the Currency Kings: The 5 Strongest Currencies in the World and Why

In the global economy, certain currencies reign supreme, commanding respect and influence. These currencies, often referred to as “strong currencies,” are coveted for their stability, value, and international acceptance. In this blog post, we’ll explore the top five strongest currencies in the world and delve into the factors that contribute to their strength. 1. The […]