•Urges domestic funding to sustain fintech growth •Says over 60% of fintechs eye regional expansion By Babajide Komolafe, Economy Editor Nigeria’s fintech ecosystem remained Africa’s leading innovation hub in 2024, raising over $520 million in equity funding despite rising global interest rates and tightening financial conditions, the Central Bank of Nigeria (CBN) has disclosed. According to […]

By Progress Godfrey Abuja — Petrol and cooking gas prices declined year-on-year in December 2025, signalling a broader easing of household energy costs, according to separate reports released by the National Bureau of Statistics (NBS). Data from the bureau showed that both Liquefied Petroleum Gas (LPG), commonly used for cooking, and Premium Motor Spirit (PMS), […]

By Yinka Kolawole A new report by Global Financial Integrity (GFI), a United States-based think tank, has revealed that Nigeria lost a total of $77.7 billion to trade-related illicit financial flows (IFFs) over a period of 10 years, between 2013 and 2022. IFFs refer to cross-border movements of money or value that are illegally earned, transferred, or […]

The Nigerian Naira maintained a stable trajectory against the United States Dollar during the Tuesday morning trading session, February 3, 2026.

By Emma Unah A disturbing trend has taken hold in Calabar, Cross River State, where young girls between 15 and 30 are increasingly getting hooked on shisha, a flavoured tobacco mixed with molasses and inhaled using a water pipe.    These young women are easily recognizable with their king-size nose rings, multiple earrings, and ankle chains and […]