The naira trade at N1,401.4 per dollar at the official section of the foreign exchange (FX) market on Tuesday. Data from Nigeria’s official window, the Nigerian Foreign Exchange Market (NFEM), indicates that the value of the naira has dropped by…

Nigeria’s non-oil exports rose to N12.36 trillion in 2025, according to NBS Nigeria is finally proving that there is “correct” life beyond the oil well. For decades, we’ve been singing the song of diversification like a “broken record,” but the…

Exchange rate is back at N1400: Why it could stay there The news that the exchange rate has returned to the N1400 level is the kind of “vibration” that makes every Nigerian—from the “senior man” in the boardroom to the…

Dangote Refinery increases petrol price to N1,175 per litre If you thought the fuel price “gymnastics” we saw last week was the final act, you might need to “hold your heart” for this latest update. In a move that has…

MTN celebrates spelling bee champion with “senior man” school upgrade When we talk about “brain power” in Nigeria, we often think of exams and certificates. Still, MTN Nigeria shows that being a “correct” student comes with significant rewards beyond the…

The “Iran War” and the fragility of Tinubunomics Just when we thought the “Renewed Hope” agenda was starting to find its feet, the global stage has decided to “vibrate” in a way that no one truly wanted. The escalating conflict…

CBN PMI hits 56.4 in February marking 15 months of expansion While the “street” is still grappling with the high cost of living, the latest data from the Central Bank of Nigeria (CBN) suggests that the Nigerian business engine is…

SG Holdings launches N75 billion Commercial Paper to ginger corporate growth In a move that shows that the “big boys” of the Nigerian corporate world are not “playing games” this year, SG Holdings has officially hit the debt market with…

Amid the US-Iran war crisis, petrol prices in Nigeria has seen visible surge as  pump price of premium motor spirit (PMS), hits as high as N1,040 per litre in Lagos and N1,080 per litre in Abuja. This comes one day…

Marketers hike petrol prices above N1,000 per litre across Nigeria Just when Nigerians were trying to “calculate” their lives around the previous price adjustments, the news from the pump has taken a more “senior” dimension. Independent marketers across various states…

Amid the CBN’s recapitalisation programme, Central Bank of Nigeria has revealed that 30 banks have met the minimum capital requirements announced in March 2024. As part of the initiative, 33 banks have raised extra capital through rights issues, initial public…