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October 1, 2025 - 4:02 AM

Business

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Rising Cost of PoS Terminals Reshapes Nigeria’s Agency Banking Sector

Between 2023 and 2025, the cost of Point-of-Sale (PoS) terminals in Nigeria has risen dramatically, by 30 percent for basic models and almost doubled...

CBN Launches National Campaign to Protect the Naira from Rising Replacement Costs

The Central Bank of Nigeria (CBN) has connected the growing printing and replacement expense of the naira to widespread abuse and bad handling of...

Nigeria’s New Tax Risks Scaring Off Investors

From floating the naira to eliminating fuel subsidies and tightening monetary policy, Nigeria's recent economic changes were necessary for stabilisation. Though these efforts stopped...

Naira Dips as Reserves Climb to Six-Year Peak

Following the Central Bank of Nigeria's 302nd Monetary Policy Committee (MPC) meeting, the naira depreciated further on Tuesday to close at N1,493.20 per dollar...

Cooking Gas Prices Fall Sharply in August, Easing Household Pressure

The most recent National Bureau of Statistics (NBS) statistics show that Nigerian households got some relief in August as cooking gas prices dropped.   From ₦8,243.79...

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