Economy & Business

₦198 Billion Less Cash in Circulation: What the New CBN Numbers Mean

Recent data from the Central Bank of Nigeria show that cash held outside banks dropped by about ₦198 billion, while…

3 Min Read

Is Shoprite Really Leaving Nigeria? Here’s the Real Story Behind the Rumours

There has been a lot of talk online claiming that Shoprite Nigeria is shutting down completely in Nigeria but the…

2 Min Read

OPay Locked Out: NRS Seals Lagos & Abuja Offices Over Tax Allegations

The Nigeria Revenue Service (NRS) just sent a clear warning to fintechs. Compliance isn’t optional. Early Wednesday, the NRS shut…

2 Min Read
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Latest Economy & Business News

Lagos Housing Crisis Forces UNILAG Lecturers to Sleep in Offices. Here’s Why It’s Happening

Nearly 40 percent of lecturers at the University of Lagos are reportedly sleeping…

2 Min Read

₦5 Billion Just to Add an “L”? Nigeria’s Senate Questions NNPC Rebranding Cost

A committee of the Nigerian Senate has raised concerns after learning that…

2 Min Read

Are You Owing the Bank? CBN Moves to Shut Loan Defaulters Out of Key Banking Services

The Central Bank of Nigeria (CBN) is tightening the screws on loan…

2 Min Read

Planning a Wedding or Burial in Ondo? You May Now Pay a Government Levy

The government of Ondo State has introduced a new tax targeting common…

1 Min Read

CBN Taps AI to Crush Money Laundering in Nigeria. What You Need to Know

Nigeria’s Central Bank (CBN) has officially woven AI into its anti‑money‑laundering framework…

1 Min Read

Nigeria Could Be Headed for Worse Blackouts Yet. Here’s Why

A major squeeze in Nigeria’s power sector has pushed the country closer…

1 Min Read