22+ hour, 53+ min ago   (728+ words) For millions of Nigerian businesses, the problem may not be that they have nothing to prove their creditworthiness. It may be that lenders have historically been looking for the wrong proof. Back in December 2025, the World Bank said barely one…...

1+ day, 4+ hour ago   (562+ words) Nigeria’s decision to cut tariffs and import levies on vehicles may not be enough to return a significant share of vehicle imports to Lagos ports, as industry operators say high clearance costs, port bottlenecks and lengthy processing times remain major…...

3+ day, 20+ hour ago   (559+ words) Nine of Nigeria’s ten largest listed consumer goods companies generated less dollar revenue in 2025 than they did in 2022, the last full year before Nigeria’s foreign exchange reforms, even as their combined naira revenue nearly tripled and all ten delivered real…...

3+ day, 22+ hour ago   (244+ words) Mastercard Crypto Credential will now enable all eligible Busha users as verified endpoints, enabling them to send and receive supported digital assets with greater confidence using their email or phone number instead of error-prone blockchain addresses Mastercard has partnered with…...

4+ day, 3+ hour ago   (638+ words) The naira weakened by N11.10 against the US dollar in the interbank foreign exchange market on Wednesday, September 9, closing at N1,334/$, compared with N1,322.90/$ recorded on Tuesday. This is according to data analysed by Nairametrics on Central Bank of Nigeria’s (CBN) website on…...

5+ day, 2+ hour ago   (463+ words) The Nigerian currency overcame a resistance level against the British pound amid robust fundamentals within the Nigerian economy. The naira broke below the N1,800/£ resistance, trading around N1,788/£ against the British Pound. The Central Bank of Nigeria (CBN) has notably implemented an…...

6+ day, 16+ hour ago   (328+ words) Nigeria’s total merchandise trade rose to N41.44 trillion in the second quarter of 2026, representing a 5.61% increase from the N39.24 trillion recorded in the corresponding quarter of 2025. The latest figure, contained in new data released by the National Bureau of Statistics (NBS), also represents…...

6+ day, 22+ hour ago   (575+ words) The shift marks a significant turnaround from the situation between 2023 and 2025, when dwindling FX liquidity and mounting pressure on the naira forced lenders to slash international card spending limits and, in some cases, suspend offshore transactions altogether. For many Nigerians,…...

1+ week, 5+ hour ago   (1283+ words) Just eight companies listed on the Nigerian Exchange had market capitalizations of at least $5 billion as of September 2, 2026, with the group commanding a combined valuation of approximately N103.12 trillion ($77.86 billion). The Billion-dollar Mega Caps (BMCs) represent over 60% of the NGX total…...

1+ week, 1+ hour ago   (527+ words) The Nigerian Naira showed resilience this past week, testing the N1,302/$–N1,315/$ range at the official exchange window, thereby establishing a definitive breakout above the psychological N1,300 level, which is within reach. Price movements at the official window (NAFEM) have characterized this consolidation…...