Business and Economy

The gap between CBN account rules and Nigeria’s bank counters

In 2013 the Central Bank of Nigeria set up tiered KYC so that Nigerians without documents could still open...
Editorial -

Reps introduce FCT Rent Regulation Bill to curb hikes, protect tenants

THE House of Representatives has introduced the Federal Capital Territory (FCT) Rent Regulation and Tenants’ Protection Bill, 2026, seeking...
Nanji Nandang VENLEY -

Nigeria’s FX falls to $55.09bn, first drop in three months

NIGERIA'S foreign exchange (FX) reserves fell marginally to $55.09 billion on October 14, ending a nearly three-month period of...
Nanji Nandang VENLEY -

Nigeria’s inflation eases to 14.63% in September, living costs remain high

NIGERIA'S inflation rate eased slightly in September, falling to 14.63 per cent year-on-year from 15.39 per cent in August,...
Nanji Nandang VENLEY -
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‘Just N50 per litre’: Nigerians question FG’s 30-day petrol discount

THE Federal Government’s 30-day petrol price intervention has sparked questions over its potential to ease the cost-of-living crisis, particularly...
Nanji Nandang VENLEY -

FG proposes N1,350 petrol price ceiling, announces 30-day NNPC discount

THE Federal Government has proposed a N1,350-per-litre ceiling on the ex-gantry or landing cost of petrol to stabilise fuel...
Nanji Nandang VENLEY -
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