FG to track poverty, incomes to assess impact of reforms — Oyedele
By Yinka Kolawole The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has disclosed plans by the Federal Government to publish indicators tracking poverty, incomes and inequality to assess the impact of the government’s economic reforms on the living standards of Nigerians. He said the move is aimed at addressing criticism of the […]
Transcorp Hotels appoints Awele Elumelu as board chairperson
Dr. Elumelu’s appointment follows the retirement of the current Chair, Mr. Emmanuel Nnorom, with effect from January 01, 2026.
How to protect your money from bank fraud (1)
The non-bank fraudsters are not employees or officials of the bank. They are everyday people. Some of them may be former staff/officials of banks and hence have a good idea of the system
Nigeria’s inflation rate eased to 14.45% in November
Nigeria’s headline inflation rate eased by 1.6 percentage points to 14.45 per cent in November 2025, down from 16.05 per cent recorded in October 2025, marking the lowest level in five years.
PoS Terminals: CBN gives one month deadline for dual connectivity
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has issued a one month deadline to Acquirers, Processors, Payment Terminal Service Aggregators and Payment Terminal Service Providers to establish dual connectivity Point of Sale transactions with the Nigeria Inter-Bank Settlement System (NIBSS) and Unified Payment Services Limited (UPSL). The directive, according to CBN, was to […]
Nigeria’s trade balance rises 43% to $19.3bn in 9mths
By Elizabeth Adegbesan Nigeria’s trade balance rose by 43.8 percent year-on-year (YoY) to N19.32 billion in the first nine months of the year (9M’25) from $13.43 billion in 9m’25. Financial Vanguard analysis of data from the National Bureau of Statistics, NBS, report titled, ‘Foreign Trade in Goods Statistics’ showed that the value of exports outweighed imports during […]
