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Profits Pause: CBN Dividend Ban Rattles Nigerian Banks
Nigeria Profits Pause: CBN Dividend Ban Rattles Nigerian Banks
Nigerian Bulletin
1 min read
Not all growth comes with gains, especially when it’s forced. The Central Bank of Nigeria’s new directive has put the brakes on banks’ dividend...
Data Stains: FG to Withhold Services from Debtors Using National ID System
Nigeria Data Stains: FG to Withhold Services from Debtors Using National ID System
Nigeria News
1 min read
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Data Stains emerged as the Federal Government announced a plan to link citizens’ debts to their National Identity Numbers (NIN), according to...
Unequal Bets: AI Engineer’s $100M Meta Offer Surpasses Flutterwave’s Annual Revenue
Americas Unequal Bets: AI Engineer’s $100M Meta Offer Surpasses Flutterwave’s Annual Revenue
Nigerian Bulletin
1 min read
Unequal Bets made headlines as Meta reportedly offered OpenAI engineers sign-on deals worth up to $100 million, according to MSN. For context...
Today’s Naira Rate [18-06-2025]: Naira Strengthens Slightly to ₦1,545/$ at Official Market
Nigeria Today’s Naira Rate [18-06-2025]: Naira Strengthens Slightly to ₦1,545/$ at Official Market
Nigeria News
1 min read
The naira appreciated by 0.59% to ₦1,545.29/$ in the official market on June 17, supported by easing inflation and rising investor confidence...
USSD, But at a Price: Telcos Push Cost to End Users from June 18
Nigeria USSD, But at a Price: Telcos Push Cost to End Users from June 18
Nigeria News
1 min read
Beginning June 18, 2025, Nigerian telecom subscribers will be billed directly for USSD services at ₦6.98 per 120 seconds, according to ALTON. The...
Cost of Doing Business Rises: CAC Increases Registration Fees by 50% Starting August 2025
Nigeria Cost of Doing Business Rises: CAC Increases Registration Fees by 50% Starting August 2025
Nigeria News
1 min read
The Corporate Affairs Commission (CAC) has announced a 50% hike in service fees for business registrations, post-incorporation filings, and...
Opportunity levy: CAC to Hike Fees from August 1 Over Economic Pressures
Nigeria Opportunity levy: CAC to Hike Fees from August 1 Over Economic Pressures
Nigeria News
1 min read
The Corporate Affairs Commission announced that service fees will increase from August 1, 2025, with some charges rising by 50%. The commission...
Fuel Price Fury: PENGASSAN Exposes Alleged Marketer Exploitation
Nigeria Fuel Price Fury: PENGASSAN Exposes Alleged Marketer Exploitation
Nigeria News
1 min read
PENGASSAN says oil marketers are exploiting Nigerians, arguing that petrol should retail between ₦700 and ₦750 per litre, not the current...
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