Business & Economy

ANALYSIS: Despite being ‘food basket of the nation,’ Benue is most expensive state to live in January

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) announced that Nigeria’s headline inflation rate…

CMAN Hails Tinubu’s Oil Revenue Reform, Calls for Deeper Fiscal Transparency

By Olusegun Obisanya The Capital Market Academics of Nigeria (CMAN) has commended President Bola Ahmed…

AfriGO Parners PalmPay, Expands Access to Domestic Card Payments

By Olusegun Obisanya AfriGO cards are now available on the PalmPay platform, enabling Nigerians to…

Inflation drops to 15.10% in January, caused by reduced food prices, NBS claims

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped…

FG, states, LGs share N1.969 trillion December allocation

By Nchetachi Chukwuajah The Federal Government, the 36 states and local government councils have shared…

Multiple taxation, rising operating costs killing us – Organised Private Sector

By Nchetachi Chukwuajah The Organised Private Sector of Nigeria (OPSN) says it is under intense…

Moniepoint disburses ₦1tn credit, processes ₦412tn transactions in 2025

By Olusegun Obisanya Moniepoint Inc., Nigeria’s leading platform for small businesses, has announced that its…

N58.47 trillion budget passes second reading at House of Reps

By Nchetachi Chukwuajah The N58.47 trillion appropriation bill has passed the second reading at the…

‘They want to reap where they didn’t sow’: Nigerians threaten boycott as PayPal returns after 21-year hiatus

By Nchetachi Chukwuajah The recent return of payment gateway, PayPal, into the country following a…

Tax laws not altered; any document outside certified versions should be disregarded, says Akpabio

By Nchetachi Chukwuajah Senate President, Godswill Akpabio, says Nigeria’s tax laws were not altered, dismissing…

Customs exceeded revenue target, made N7.281 trillion in 2025, says CG

By Nchetachi Chukwuajah The Nigeria Customs Service has exceeded its approved 2025 revenue target, generating…

CBN plans policy to sanitise debit card issuance, reduce ATM congestion, downtime, cash shortages

By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN), in a move aimed at addressing…

Lagos remains epicentre of digital payment fraud as cases dropped by 51% to N25.85 billion in 2025, says NIBSS

By Nchetachi Chukwuajah Digital payment fraud in Nigeria decreased by 51 per cent to N25.85…

Commercial, merchant banks’ loans fell to 14-month low of N52.656 trillion in June 2025 – CBN

By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN) says loans provided by commercial and…

Nigerians carried out 7.72 billion POS transactions totalling N147.2 trillion in first half of 2025

By Nchetachi Chukwuajah Withdrawals from commercial banks’ Automated Teller Machines (ATMs) increased by 196 per…

Nigeria’s non-oil exports hit all-time high of $6.1 billion in 2025

By Nchetachi Chukwuajah Nigeria’s non-oil exports rose to an all-time high of $6.1 billion in…

Inflation rate reviewed upward in 2025 following fresh CPI rebasing

By Nchetachi Chukwuajah Nigeria’s inflation rate for all the months in 2025 has been reviewed…

Nigeria’s inflation rate eases to 15.15% in December 2025 following ‘methodological review’ – NBS

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate eased…

FG projects economy to grow by 4.68% in 2026, as NESG foresees 5.5% GDP growth, 16% inflation rate

By Nchetachi Chukwuajah The Federal Government says the economy is projected to grow by 4.68…

Banks begin charging 7.5% VAT on mobile bank transfers, USSD transactions, others from January 19

By Nchetachi Chukwuajah Banks and other financial institutions will begin charging 7.5 per cent Value-Added…