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How airtime lending became telcos' multi-billion naira goldmine
In 2024, Samuel Ojimba travelled from Lagos to Zamfara. While in a local community, gunshots suddenly rang out, sending everyone fleeing......
Why CBN is losing battle to stabilise naira 
The Central Bank of Nigeria (CBN) appears to be losing the battle to stabilise the naira. The currency has remained just as volatile as ever, despite the apex bank’s efforts to find a lasting solution....
Editor | Sep 30, 2024
Cardoso lures foreign investors with historic OMO yields 
The Central Bank of Nigeria (CBN) on Thursday sold 364-day OMO bills — patronised by banks and offshore investors — at a yield of 32 percent, the highest since the apex bank began selling the bills. ...
Editor | Sep 26, 2024
Flood of cash, drought of growth: The consequences of unbalanced money supply
Nigeria is learning the hard way that when money supply is not able to match economic growth, there are consequences. Nigeria experienced a dramatic increase in money supply through the Central Bank of Nigeria (CBN) between 2015 and 2023....
Editor | Sep 26, 2024
Four economic implications of Nigeria’s latest interest rate hike 
The Central Bank of Nigeria (CBN) has again raised the benchmark interest rate by a half percentage point to 27.25 percent, marking the fifth consecutive rise despite slowing inflation....
Editor | Sep 25, 2024
Tumbling Naira Forces Surprise Rate Hike in Nigeria
The Central Bank of Nigeria (CBN) surprised the markets with its liquidity tightening on Tuesday, raising the monetary policy rate by 50 basis points (bps) and the cash reserve ratio by 200 bps....
Editor | Sep 25, 2024
Why Nigeria’s Economic Reform Plans Have Been All Bark No Bite
In Nigeria, the promise of economic reform has echoed through decades, from the Structural Adjustment Program (SAP) of the 1980s to the recent Renewed Hope Agenda. ...
Editor | Sep 24, 2024
Manufacturers Feel Pinch Of Rate Hike as Loan Repayments More Than Double
Some of Nigeria’s top manufacturers have spent about N1.94 trillion on repaying loan principals and interests. ...
Editor | Sep 23, 2024
APC’s Okpebholo declared winner of Edo disputed poll
.Worst election in history - Ighodalo  .CSOs raise concerns over transparency in collation ...
Editor | Sep 23, 2024
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