Nigeria’s digital lending sector faces a structural shake-up as the Federal Competition and Consumer Protection Commission (FCCPC) moves to restrict operators to a maximum of […]
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Category: Business
These 10 mega corporations have paid N1.93 trillion in taxes so far in 2025
Nigeria’s corporate sector continues to contribute significantly to government revenue despite the challenging macroeconomic environment characterized by inflation, FX volatility, sluggish consumer spending, and rising […]
MPR at 27%: Analysts warn CBN’s tight stance will slow economic growth
The Central Bank of Nigeria’s (CBN) decision to maintain the Monetary Policy Rate (MPR) at 27% has intensified debate across the financial and business community, with several analysts […]
15% Import Duty suspension draws praise from marketers, criticism from experts
Oil marketers have praised the Federal Government for suspending the controversial 15% import duty on petrol and diesel, saying that this shows the opinion of […]
Bitcoin plunges below $95K
Bitcoin dropped by 5% on Friday, November 14, falling to $94,483, as a broader risk-off sentiment took hold across global financial markets. This sharp decline […]
Nigeria’s inflation to ease further in September 2025 – Experts
Nigeria’s inflation rate is expected to maintain its downward turn in September 2025, as analysts point to a stronger naira, improved food supply, and stable […]
FAAC: Nigeria’s 36 states share N4.43 trillion in 7 months
Nigeria’s 36 states shared a cumulative N4.43 trillion from the Federation Account Allocation Committee (FAAC) between January and July 2025, with receipts of oil-rich states accounting for about […]
IMF raises Nigeria’s 2025 growth forecast to 3.9%, 4.2% in 2026
The International Monetary Fund (IMF) has upgraded Nigeria’s economic growth projection, forecasting a 3.9% expansion in 2025 and 4.2% in 2026. The revised figures were […]
Elon Musk and X settle $128 Million severance dispute with fired Twitter executives
Elon Musk and his social media company, X (formerly Twitter), have reached a settlement with a group of top former executives over a dispute involving […]
FTSE Russell adds Nigeria to watch list for frontier market return
Stock market (Image credit: Freepik) Global index provider FTSE Russell has added Nigeria to its Watch List for a possible reclassification from Unclassified to Frontier […]