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Economic news with real-world context. Scan Naira, market movements, and business decisions to understand their impact on everyday life beyond numbers and statistics - markets with meaning.

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Nigeria Business News Digest: Markets, Money, and Meaning

Economic news with context. Scan the market, Naira movements, and business decisions, and understand their impact on everyday life.
The Digest: The Federal Government has inaugurated a N40 billion state-of-the-art Closed-Circuit Television (CCTV) control centre on the Third...
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Key points: Official CBN (NFEM) Rate: ₦1,423.82 / USD Black-Market Rate: ₦1,475 - ₦1,490 / USD (range) Drivers: CBN efforts to ensure...
The Digest: The Nigeria Deposit Insurance Corporation (NDIC) has recovered an additional N24.3 billion from the assets of the defunct Heritage...
The Digest: Nestle Nigeria Plc has issued a statement confirming that its infant formula products sold within Nigeria are not affected by the...
Key points: Official CBN (NAFEM) Rate: ₦1,423.17 / USD Black-Market Rate: ₦1,490 / USD Drivers: Supply squeeze in the foreign exchange (FX)...
The Digest: Microsoft co-founder Bill Gates has transferred nearly $8 billion to his ex-wife, Melinda French Gates, as part of their divorce...
The Digest: The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has issued a strong rebuttal to a recent...
The Digest: Nigeria's personal income tax system has been updated under the Nigeria Tax Act 2025, introducing a higher tax-free threshold and a...
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