ikecletus013@gmail.com
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Question of
What is the official currency of Nigeria?
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Naira
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Shilling
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Cedi
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Rand
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Question of
Which institution is responsible for issuing Nigeria’s currency?
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Central Bank of Nigeria (CBN)
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Federal Ministry of Finance
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Nigerian Stock Exchange
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Question of
What is the highest denomination of the Nigerian Naira currently in circulation?
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₦1,000
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₦500
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₦200
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Question of
What does BVN stand for in Nigerian banking?
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Bank Verification Number
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Basic Verification Network
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Banking Value Number
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Bank Value Network
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Question of
Which Nigerian agency insures bank deposits and protects depositors?
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NDIC
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SEC
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EFCC
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Question of
What is the primary purpose of a savings account?
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To store and grow money safely
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To borrow money
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To pay taxes
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To buy shares directly
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Question of
Which of these is a popular Nigerian fintech company?
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Flutterwave
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Amazon
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Tesla
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Samsung
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Question of
What does ATM stand for?
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Automatic Teller Machine
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Automated Transfer Machine
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Account Transfer Method
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Question of
Which of these is considered an investment?
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Buying shares in a company
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Keeping all your cash in a savings account
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Flipping into ponzi schemes
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Question of
What is inflation?
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Rise in the general prices of goods and services over time
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Increase in salaries only
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Increase in bank branches
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Reduction in taxes
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