Money

The naira traded slightly weaker across official FX windows on Wednesday, October 15, 2025, with quotes lingering in the mid-₦1,400s band. Parallel-market dealers priced the dollar higher, leaving a spread of roughly ₦20–₦45 between official and street midpoints. The gap underscores ongoing pressure from thin dollar supply and seasonal demand.…

From January 1, 2026, Nigeria will begin implementing one of its biggest tax reforms in recent years. These changes affect everyday people, business owners, and even those who invest in digital assets like Bitcoin.  The reforms aim to simplify the system, reduce the burden on small earners and businesses, and…

The Nigerian banking industry is currently undergoing a major transformation, driven by the Central Bank of Nigeria (CBN)’s ambitious recapitalisation targets.  As the March 31, 2026, deadline looms, a remarkable 12 banks have already met or surpassed the required capital thresholds, signalling a positive shift for both investors and the…

The Nigerian Exchange ended the session on a positive note, adding N309 billion in market value as renewed buying lifted major counters. The All Share Index rose by 489.45 points or 0.35 percent to close at 142,036.23. Market capitalisation advanced to N89.865 trillion. Gains in medium and large capitalisation names…

University life in Nigeria is no longer just about lectures, assignments, and exams. For many students, it has also become a place to test ideas, build skills, and earn real income.  With allowances hardly enough to survive, rising costs of living, and the endless opportunities that social media creates, undergraduates…