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Obidient Movement accuses APC after police scrap N20 million Obi-Kwankwaso rally in Akwa Ibom

Akwa Ibom police have canceled a two-million-man march for Peter Obi and Rabiu Kwankwaso in Uyo, with the NDC saying it lost N20 million mobilizing supporters.
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Nigerian public servants begin three-day warning strike, demand N500 petrol and new minimum wage

Nigeria's Joint National Public Service Negotiating Council has begun a three-day warning strike from Oct. 2 to 4, demanding N500 petrol and a new minimum wage.
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CBN Grants National Licenses to Major Fintech Players

The Central Bank of Nigeria has upgraded major fintechs to national licenses, formalising nationwide operations and imposing higher capital and compliance standards.
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CBN’s Global Investor Push Boosts Nigeria’s Economic Confidence

Nigeria’s CBN promotes reforms, policy stability, and market transparency to global investors, driving Eurobond demand and renewed confidence in the economy.
Business

CBN Lifts Limits, Raises Weekly Withdrawal Threshold

The Central Bank of Nigeria has overhauled its cash-handling rules, lifting deposit limits and increasing weekly withdrawal thresholds to N500,000 for individuals and N5 million for corporates.
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CBN Injects $1.25 Billion to Support Fuel Imports

The Central Bank of Nigeria disbursed $1.25 billion to petroleum marketers in the first quarter of 2025 to stabilise fuel import and supply
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Afe Babalola Warns Nigeria’s Debt Crisis Hurts Investor Confidence

Afe Babalola warns Nigeria’s debt crisis is hurting investor confidence and calls for fiscal discipline, leadership reform, and stronger economic management.
News

Dollar To Naira Rate Steadies Amid Market Pressure

The dollar to naira exchange rate steadied on October 15, 2025, with official and parallel market rates showing minimal movement.
Business

Nigerian Banks’ Deposits with CBN Soar Dramatically High

The CBN's deposits from Nigerian banks grew by over 800% year over year in 2025. This shows that the money market was tighter and there was too much cash.
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CBN Reports N38.8 Billion Profit, Reversing Heavy 2023 Loss

CBN rebounds from N1.15 trillion loss to report N38.8 billion profit in 2024
Business

Businessman Sentenced, Wristwatch Forfeited For Refusing Naira

Uzondu Chimaobi sentenced to four years in prison for refusing to accept Naira as payment, violating Nigerian law on legal tender.
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Nigeria Records $6.83 Billion Payments Surplus in 2024

Nigeria records a $6.83 billion payments surplus in 2024, marking the first surplus in three years. Key reforms and trade performance contributed to the success.
News

Kenya’s President Ruto Nominates Interior Minister as New Deputy President

Zenith Bank has named Abiodun Durosinmi as its new CFO, following the Central Bank of Nigeria's approval of the appointment
Business

Nigeria’s Inflation Slows for the First Time in 19 Months

Nigeria’s inflation rate slows after 19 months of increase, offering brief relief but ongoing economic challenges remain.
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Obidient Movement accuses APC after police scrap N20 million Obi-Kwankwaso rally in Akwa Ibom

Akwa Ibom police have canceled a two-million-man march for Peter Obi and Rabiu Kwankwaso in Uyo, with the NDC saying it lost N20 million mobilizing supporters.
News

Nigerian public servants begin three-day warning strike, demand N500 petrol and new minimum wage

Nigeria's Joint National Public Service Negotiating Council has begun a three-day warning strike from Oct. 2 to 4, demanding N500 petrol and a new minimum wage.
News

From Ifangni to Ilasamaja: How a 10-year-old “tiling apprentice” ended up mixing cement instead of going to school

A 10-year-old from Benin Republic works and sleeps on a Lagos construction site, showing how poverty, migration and informal apprenticeship push children out of school.
News

Why nutritionists say Nigerians should stop boiling eggs and rice in the same pot

Nigerian dietitians warn that boiling unwashed eggs with rice in one pot can transfer Salmonella and E. coli from the shells to the grains, risking foodborne illness.