Economy & Policy

CBN’s New BVN Gateway for Nigerians Abroad – Game Changer for Diaspora Banking?

CBN Launches BVN for Nigerians Abroad - Big Win for Diaspora Banking or Just Optics? The Central Bank of Nigeria (CBN) just dropped a new play...

Currency Volatility Drops Below 0.5% as FX Market Stabilizes – Cardoso

Nigeria's Foreign Exchange Landscape: A New Era of Stability The foreign exchange (FX) market in Nigeria is witnessing a remarkable transformation. Recent announcements from Mr....

CBN Reports Major Advances in N500 Billion Bank Recapitalization Effort

The Central Bank of Nigeria (CBN) has reported substantial advancements in the ongoing recapitalization efforts for banks across the nation. As part of a...

Increasing Demand for Gold and Minerals Driving Corruption and Instability in Africa and Beyond – UN

The Dark Side of Gold: How Criminal Networks Exploit the Mineral Supply Chain The global demand for gold and critical minerals is surging, but this...

Nigeria’s Proposed 5% Telecom Tax Could Spike Costs, Hurt Internet Access

 Nigeria’s 5% Telecom Tax: A Digital Lifeline or a Data Death Sentence? The Nigerian government is at it again looking to squeeze revenue from one of the most...

New U.S. Bill Proposes 5% Tax on Remittances – Nigeria May Lose $1B

 Diaspora Dollars in Danger: U.S. Considers 5% Remittance Tax That Could Hit Nigeria Hard If you thought your “Uncle in Texas” was the ultimate financial safety net,...

CBN Keeps MPR at 27.5% in May 2025 – What It Means for Inflation and Lending

CBN Holds the Line: MPR Stays at 27.5% as Nigeria Battles Stubborn InflationThe Central Bank of Nigeria (CBN) has just wrapped up its May 2025 Monetary...

Real Growth or FX Illusion?

 Nigeria’s ₦12.4 Trillion Revenue Surge: Real Progress or Just Paper Gains? The World Bank is buzzing about Nigeria’s fiscal performance: In 2024, federal revenue jumped by 82.4% from...

CBN Faces Tough Decisions on Inflation, Interest Rates, and Naira Stability – May 2025 MPC Meeting

 CBN in the Hot Seat: Inflation, Interest Rates, and the Naira on the Line The week kicked off with serious stakes in Nigeria’s economic war room. The Central Bank...

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