The naira’s stability is expected to persist over the medium term as speculative activities continue to decline, according to members of the Monetary Policy Committee (MPC) in their last meeting held in July 2025. At the Nigerian Foreign Exchange Market (NFEM), the naira posted a strong performance against the US dollar last week, appreciating by…
Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) remain unconvinced about starting an easing cycle, even as inflation slowed for the fifth straight month in August to 20.12 percent. This position was made prior to the release of the inflation report for July and August, which showed continued easing. The 12-member monetary…
The Nigeria Customs Service Board’s introduction of a $300 ‘de minimis’ threshold, which exempts low-value imports from customs duties, has stirred both optimism and concern. While foreign platforms and consumers stand to gain, local e-commerce players may find themselves under pressure as market dynamics shift. The policy comes at a time when Nigerian households are…
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The naira’s stability is expected to persist over the medium term as speculative activities continue to decline, according to members…
Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) remain unconvinced about starting an easing cycle, even as…
The Nigeria Customs Service Board’s introduction of a $300 ‘de minimis’ threshold, which exempts low-value imports from customs duties, has…
Today, the world faces mounting uncertainties and challenges—from prolonged conflicts and democratic backsliding to economic coercion and disinformation campaigns. Authoritarian…
The National Assembly clerk has refused to allow suspended Senator Natasha Akpoti-Uduaghan to return to work, saying only the Senate…
Nigeria’s proposed 5 per cent fuel tax should only be introduced when economic conditions improve, such as a stronger naira…
…Ends Nigeria’s five-decade queues Nigeria’s long battle with fuel shortages appears to be over as the Dangote Petroleum Refinery marks…
The administration of Governor Abba Kabir Yusuf of Kano state, as indicated, is ready to strengthen partnerships and co-create solutions…
Experts have called for reforms in Nigeria’s supply chain system, stating that they are crucial for businesses to remain competitive…
Rendcore, a Nigerian fintech start-up, has announced a strategic partnership with Safe Haven Microfinance Bank (MFB) and Monirates to capture…
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