KEY POINTS
Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such as increased market access and challenges like digital illiteracy and taxation fears.
The eNaira is fostering financial inclusion among some informal workers, but rural and low-income communities remain at risk...
The federal government’s decision to rename the Ministry of Niger Delta Development has sparked mixed reactions, with leaders concerned about regional development.
Nigeria’s rising debt and looming cash shortage paint a troubling picture for its economic future. As global pressures increase, what can be done to avert a fiscal crisis?
DSS replaces Tinubu’s chief security officer, Adegboyega Fasasi, with Rasheed Lawal. Fasasi steps down for professional training, Lawal takes over the key role
These top fashion shows in Nigeria are advancing the country’s fashion industry, giving designers a global platform to showcase their creativity and entrepreneurship
The World Bank projects Nigeria’s revenue-to-GDP ratio to exceed 10.5% in 2024, while the government tackles inflation with agriculture-focused initiatives
The denial of bail for Binance’s compliance chief in Nigeria, charged with money laundering, raises questions about cryptocurrency regulation and the country's legal system.
The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.
The FBI has requested the EFCC's assistance in apprehending two Nigerian fugitives accused of orchestrating a $13 million healthcare fraud scheme in the United States