Category: Business and Economy
CBN sets new ATM deployment ratio
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has established new minimum standards for ATM Deployment, Operations, Maintenance, and Security. The CBN stated that ... Read More
FG doubles January 2025 bond borrowing to N900bn
The Federal Government of Nigeria (FGN) has moved to significantly scale up domestic borrowing, planning to raise as much as N900bn from its January 2026 ... Read More
Nigerians spent N1.54tn on beer, others from Jan to Sept 2025
Major listed brewers in Nigeria generated a combined revenue of over N1.54tn from the sale of beer and other non-alcoholic drinks in the first nine ... Read More
Nigeria’s inflation rate falls to 15.15% in December 2025 – NBS
Nigeria’s headline inflation rate dropped to 15.15% in December 2025, down 2.18 percentage points from 17.33% in November, the National Bureau of Statistics (NBS) has ... Read More
Economy: Nigeria to record fastest growth in 2026 — World Bank
The World Bank announced yesterday that Nigeria’s economy is on track to record its fastest growth in more than a decade, upgrading its forecast for ... Read More
KPMG flags five major ‘errors’ in Nigerian tax laws
Fresh apprehension has surfaced over Nigeria’s newly implemented tax framework after KPMG Nigeria highlighted what it described as “errors, inconsistencies, gaps, and omissions” in the ... Read More
Airlines, travel agencies brace for drop in passenger traffic over U.S. visa ban
Heightened tension has emerged across Nigeria’s aviation and travel industry as the United States moves to enforce new visa restrictions on Nigerian nationals from 1 January ... Read More
Nigeria’s inflation drops to 14.45% in November, NBS says
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate decreased to 14.45% in November 2025. The NBS announced the decrease in its consumer ... Read More
Dangote refinery reduces petrol price to N699 per litre
The Dangote Petroleum Refinery has again reduced its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre. Real-time market data published ... Read More
Dangote refinery reduces petrol price to N699 per litre
The Dangote Petroleum Refinery has again reduced its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre. Real-time market data published ... Read More