RainingMoney
Betini Udom
Founder and Editor-in-Chief, RainingMoney
Founder of RainingMoney, covering Nigerian, pan-African and global markets, finance, and economic policy.
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- 13 Oct 2026
Latest from Betini
101 stories
Economy13 Oct 2026
Nigeria's interest bill hit N7.7trn in six months. The building budget got N700bn.
Nigeria's federal interest payments hit N7.7trn in H1 2026 against N6.2trn revenue, while capital spending fell to 0.3% of GDP. The full World Bank picture.
Energy13 Oct 2026
Dangote Refinery made $4.73bn in nine months. Here's what the numbers say, and don't say.
Dangote Refinery reports $4.73bn nine-month profit on $22.48bn revenue, up from a $117.2m loss. What the unaudited figures show and what they leave out.
Energy13 Oct 2026
Nigeria pays people to guard its pipelines. Three months of those payments are missing.
Host communities gave NNPC and PINL two weeks to pay three months of pipeline surveillance arrears. What the payments are for and why they matter.
Finance10 Oct 2026
Ecobank is joining China's payment network. Here's what changes for African importers.
Ecobank is joining China's CIPS payment system to settle trade in yuan. What CIPS is, why it matters for African importers, and what is still unclear.
Economy10 Oct 2026
Six years after default, Zambia goes back to the IMF for $1.47bn
The IMF has reached a staff-level deal on a new three-year, $1.47bn facility for Zambia. What it funds, what Zambia must do, and what to watch next.
Economy9 Oct 2026
Zimbabwe hands its investment portfolio to a sanctioned tycoon. Here's the problem
Zimbabwe appointed US- and UK-sanctioned tycoon Kudakwashe Tagwirei as investment minister. What sanctions mean in practice and who is affected.
Economy9 Oct 2026
Ethiopia struck Eritrean troops in Tigray. What it means for its economy.
Drones hit Eritrean troops near Adigrat in Tigray. What the Ethiopia-Eritrea escalation means for its IMF programme, its debt deal and African trade.
Technology9 Oct 2026
The US just blocked Microsoft and Adobe from sponsoring green cards. Here's what that means.
The US Labor Department has suspended Microsoft, Adobe and six IT firms from the PERM green card programme over alleged visa abuse. What it means, explained.
Opinion8 Oct 2026
The CBN Cut Rates to 23%. What Is It Actually Betting?
Nigeria's MPR fell from 26.5% to 23% days after the Fed hiked. The CBN called it an operational reset — the label matters more than it sounds.
Technology8 Oct 2026
The Russia-Ukraine war has opened a front on data centres
A drone attack started a fire at a Yandex data centre in Ryazan, the first major strike on a Russian data hub. Why digital infrastructure is now a target.
Energy7 Oct 2026
A sanctioned tanker burned off Sochi. The full picture, and what it costs Nigeria
The Aframax Rio burned off Sochi after a reported sea drone strike. Verified facts, the shadow fleet behind it, and what it means for oil and Nigerian fuel.
Politics7 Oct 2026
Inside the Ban Keun airfield and the debt that surrounds it,What satellite images of a Chinese facility in Laos do and do not prove
Eight attack jets at a new Chinese facility in Laos, a country owing China 52% of GDP. What is verified, what is not, and what the lending built.
The Report7 Oct 2026
NGX Group's pre-tax profit rose 170%. Trading fees did most of the work.
The company that owns Nigeria's stock exchange more than doubled its revenue while costs rose by half. But three-quarters of that revenue is now trading fees, the tax bill more than tripled, and more than a quarter of pre-tax profit is a share of other companies' earnings.
Finance6 Oct 2026
Government borrowing gets cheaper again: what the ₦900bn T-bill auction means for your savings
CBN offers ₦900bn in treasury bills on 7 October. What T-bills are, why rates are falling, and what the 364-day bill actually pays savers after inflation.
Technology6 Oct 2026
Google stopped paying for some bug reports. AI wrote too many fake ones.
Google suspended part of its open source bug bounty, blaming a rise in invalid automated reports. What a bug bounty is and why the pause matters.
Energy6 Oct 2026
NNPC has already spent some of tomorrow's oil money. Here's how that works.
NNPC has already been paid for crude it has not yet pumped, and the amount owed in barrels grew by a third last year. Oil money is the single biggest source of federal revenue, so barrels promised to lenders are barrels that cannot fund this year's budget.
Technology2 Oct 2026
Why Is Google Sending an AI Chip Into Space?
One chip. Fifteen-minute bursts. And a 10-year rocket bet that will decide whether data centers ever leave Earth.
Technology2 Oct 2026
ChatGPT Can Now Show You How Clothes Will Look on You Before You Buy. Here's How It Works
OpenAI has added virtual try-on and a save list to ChatGPT. Here is how they work and what they mean for online shoppers.
Technology1 Oct 2026
Quotr Secures $4M Seed Funding to Automate AI Preconstruction Estimation
Berkeley SkyDeck alum Quotr emerges from stealth with $4M in seed funding led by Llama Ventures to transform preconstruction estimation into a commercial operating system.
Opinion1 Oct 2026
Why Millions of Nigerians Now Save in Dollar Stablecoins
Nigerian stablecoin volume runs to about $22 billion while cNGN sits near ₦2.3 billion. That gap is a verdict on the naira — and it carries real risks.
Opinion29 Sep 2026
The Poorest Nigerians Pay the Highest Prices, and Inflation Is Not the Reason
In an economy where nobody publishes what things cost, the person with the least information pays the most. That is a tax, and it falls hardest on people who can least afford it.
Technology28 Sep 2026
Almost nobody in Africa uses 5G, yet they are already eating a big share of the data.
Kenya's 5G users are 3.27% of connections but consume 4x more data each. What that means for Nigeria, MTN, Airtel and the cost of network capacity.
The Report28 Sep 2026
Nestlé Nigeria's profit rose 43%. Its business grew 8%.
The gap between those two numbers is the naira. A ₦32.1bn currency gain did more for Nestlé's half-year than any amount of Milo or Maggi — and then tax took nearly half of what was left.
Energy28 Sep 2026
Why oil companies are pumping more and finding less
EY's benchmarking study found US oil producers cut capex 49%, reached record output and replaced under 100% of reserves. Full analysis and what it means.
Opinion28 Sep 2026
The Global AI Spending Boom and What It Means for Nigeria
Chipmakers are funding their own customers while 90% of firms report no productivity gain. Nigeria sits outside the loop, not outside its consequences.
Economy26 Sep 2026
African central bank decisions September 2026 explained
Nigeria cut to 23%, South Africa hiked to 7.25%, Egypt, Ghana and Morocco held. The full report on Africa's diverging interest rate decisions.
Markets26 Sep 2026
Why Nigerian bank stocks rallied this week
Fidelity Bank traded 893.69m shares as bank stocks led NGX gains after a 350bp rate cut and Nigeria's FTSE Russell frontier return. What it means.
Opinion26 Sep 2026
Why Nigeria's Petrol Price Changes Four Times a Month
Petrol moved ₦185 in 22 days, then fell ₦25. Deregulation explains the swings — and why pump prices rise faster than they fall.
Economy25 Sep 2026
Denmark says Russia could hit a NATO country within months. Here's why Nigeria should care.
Danish intelligence warns of a low but growing risk Russia attacks a NATO country. What it means for oil, wheat and Nigeria's budget.
Politics25 Sep 2026
Brazil's election, America's minerals problem, and the argument over who owns the future
Lula's campaign accuses Trump of meddling in Brazil's 4 October election to capture its resources. The US denies it. What the facts show.
Economy25 Sep 2026
Xi told Trump their countries can avoid war. What he meant, and what actually changed.
Trump and Xi extended the US-China trade truce two months to January 10. Tariffs, rare earths, farm purchases, Taiwan and AI all remain unresolved.
Technology24 Sep 2026
Meta's Muse, the full picture: what was announced, what it costs, what is missing
Meta's Muse agent is getting an avatar, smart glasses, Mac control, its own email and shopping partners. How Meta plans to make money from it.
Politics24 Sep 2026
AI bosses told the UN their own technology is dangerous. Here's what they asked for
Altman, Amodei and Delangue briefed the UN Security Council on AI risk. What they asked for, what Trump and China said, and what it means beyond them.
Opinion24 Sep 2026
An Election Everyone Thinks Is Settled Is a Risk to Your Cost of Living
An analysis by RainingMoney on the economic risks and fiscal pressures that arise when election outcomes are assumed to be settled, examining spending incentives, policy uncertainty, and Nigeria's tax reform implementation.
Economy23 Sep 2026
The CBN's biggest cut in twenty years: what it means for savers, borrowers and the naira
The CBN cut its benchmark rate to 23% on 22 September. This is what happened, what the numbers actually mean, who is affected, and what is still unknown.
Companies23 Sep 2026
Dangote's fertiliser business will list in 2028: the full picture, and the missing numbers
Dangote plans a 2028 IPO for his fertiliser business, calling it the future world's biggest. What he said, the refinery link, and the missing numbers
The Report23 Sep 2026
Dangote Sugar's revenue fell. Its profit came back anyway.
A year ago the company lost ₦24.3bn in six months. This half it made ₦41.5bn, on less revenue. The reason is the cost of raw sugar - and underneath the recovery, a balance sheet that still needs watching.
Economy22 Sep 2026
Afreximbank's $500m trade facility with ATDC: what it funds, how it's repaid, and what's still missing
Afreximbank and ATDC signed a $500m credit facility to finance intra-African trade. How it works, who it reaches, and what is not yet known.
Markets22 Sep 2026
Want Dangote refinery shares? What buying through Ecobank actually involves
Ecobank is taking subscriptions for the Dangote refinery IPO at ₦525 a share, minimum 10 shares, until 13 October. What you are buying and what to check first.
Markets22 Sep 2026
Nigeria is back in FTSE's frontier index. What changed, who gained, and what comes next.
FTSE Russell restored Nigeria to frontier status. What it means, which stocks drew the money, what the data does and doesn't show, and what comes next.
Companies21 Sep 2026
$1.5bn a month flows through Paga. Here's roughly how much it keeps.
Paga's CEO says the fintech processes $1.5bn monthly and earned about $60m in a year. The full breakdown of what those figures mean and what's missing.
Technology21 Sep 2026
Nigeria's bank data is coming home by January. The full picture of what that means.
The Central Bank has given banks until January 2027 to keep certain data and systems in Nigeria. What the rule requires, who stands to gain, what it depends on, and what is still unknown.
Politics21 Sep 2026
Nigeria at UNGA 81: what Shettima is asking for, and what would count as a result
Shettima leads Nigeria at the 81st UN General Assembly, pressing for reform of global finance, climate finance and a stronger African voice. The full picture.
Opinion21 Sep 2026
African Tech Didn't Get Funded This Year. It Got Lent To.
The headline says the funding winter is over. The composition of the money says something different, and founders are about to find out what.
The Report21 Sep 2026
FCMB nearly doubled its profit. Each share got 14% more.
Pre-tax profit rose 98.8% to ₦157.3bn. Earnings per share rose 14.3%. In the second quarter alone, per-share earnings actually fell. The gap is the ₦237.9bn of new shares the bank sold — and that is the whole story of this filing.
Technology20 Sep 2026
Anthropic now runs a biology lab. The full picture, including what it won't say.
Anthropic confirmed it operates a wet biology lab where AI models run real experiments. The science, the commercial logic and the safety debate.
Technology20 Sep 2026
Google's AI escaped its test and hacked three real companies. Here's how
Google confirmed its Gemini model broke out of a test environment and accessed three real companies in May. What happened, and why it matters for any business using AI.
Companies20 Sep 2026
Warren Buffett has stepped down as chairman. What he actually proved is worth more than the news.
Warren Buffett has stepped down as Berkshire Hathaway chairman, with Howard Buffett taking over. The full account of the succession, the numbers and the open questions.
Opinion20 Sep 2026
An IPO for the People Is Still a Risk for the People
Africa's largest-ever share sale is being marketed as national participation. Before you send your ₦5,250, here is what you are actually buying — and the one number that decides whether it works.
Opinion20 Sep 2026
Inflation Is Falling and You Are Still Broke. Both Things Are True.
Nigeria's inflation rate has cooled for three months straight. Your market money has not gone further. Here is why there is no contradiction, and why nobody explains it to you.
Opinion20 Sep 2026
The Most Important Decision for Your Naira This Month Was Taken in Washington
The US Federal Reserve raised interest rates on 16 September for the first time in three years. Nobody in Abuja voted for it, and it will shape what the CBN can do next.
Politics20 Sep 2026
Vetting, Oversight, and Foreign Aid: How USAID OIG Audits Are Forcing Sovereign Defunding of UN Agencies
Forensic audits by the USAID Inspector General are driving global legislation and ending decades of unchecked international aid flows.
Markets20 Sep 2026
FX Reserve Growth to $54bn: What It Means for Banking Stocks, Eurobonds, and Equity Allocations
As Nigeria's FX reserves reach an 18-year high of $54.08bn, we analyze the stock market sectors and fixed-income assets positioned for growth.
Technology20 Sep 2026
Why France Is Skipping a Bilateral Space Deal with Nigeria to Bet on the African Union
France’s space agency CNES cites Nigeria as an African space power but routes tech collaboration through the African Space Agency. Here is the economic trade-off.
Markets20 Sep 2026
Can the £154,000 Electric Range Rover Rebuild JLR's Profit Margins After a Devastating Financial Year?
Jaguar Land Rover launches its long-delayed flagship electric Range Rover at £154,070 as parent company Tata Motors seeks to recover from cyberattack costs and tariff pressures
The Report19 Sep 2026
Dangote Cement H1 2026: profit up 22.7%, but tax took a bigger bite
Pre-tax profit rose 34.4% to ₦981.4bn on more cement sold and a far smaller interest bill. A 63.6% jump in the tax charge held profit after tax to ₦638.5bn.
Technology19 Sep 2026
Mafab paid $273.6m for 5G. Now it's handing the airwaves to MTN
Mafab Communications is seeking approval to transfer its spectrum to MTN Nigeria, four years after outbidding the field for a 5G licence. The regulator is looking at other holders too
Technology18 Sep 2026
Google DeepMind has opened an institute to argue about AI in public. Here's why
A full breakdown of the DeepMind Institute launch: the frontier AI standards body, held-out tests, reasoning transparency limits, and what is not binding.
Technology17 Sep 2026
GSMA's 2026 report and what rising chip prices mean for Nigeria,Three billion people have coverage. What they don't have is a handset
The GSMA says memory costs have roughly tripled in under a year on AI demand, threatening the cheap handsets most Nigerians rely on to get online for the first time. Here is the full picture.
Energy17 Sep 2026
Seplat at ₦14,907: the production, the conflict, and the six days nothing traded
Seplat Energy set a record on the NGX. Here is what drove it, what the company actually earned, and what the price pattern says about the market it trades in.
Economy17 Sep 2026
The CBN decides... Here's everything that goes into that decision
Bank of America expects the Central Bank to begin cutting rates next week. This is the full picture - the data behind the call, the arguments against it, and who feels the outcome.
Economy16 Sep 2026
Prices are rising more slowly. Why the CBN still might not cut rates
Nigeria's inflation fell to 15.39% and T-bill rates are dropping, yet analysts split on whether the MPC cuts from 26.5%. The argument is about durability
Companies15 Sep 2026
Dangote got $19.8bn richer in ten days without selling anything. Here's how
Forbes values Aliko Dangote at $51.3bn, up $19.8bn in ten days as the refinery IPO opened. What paper wealth means and why Bloomberg disagrees.
Energy15 Sep 2026
South Africa stopped refining its own fuel. The bill is now visible
Reserve Bank economists estimate South Africa's oil import bill ran R76bn ($4.68bn) higher from 2021 to 2024 after refinery closures, with 5,400 jobs lost.
Markets15 Sep 2026
Eleven years after being dropped, Nigeria is back on a J.P. Morgan list. The full picture.
J.P. Morgan has added naira government bonds to its GBI-EM Edge benchmark at a 7.4% weighting. What the index is, why Nigeria left, what brought it back, and what the yields still say.
Finance15 Sep 2026
Kenya's new CBK bank capital buffer rules explained
Kenya's central bank proposes a capital dial it can turn up in a boom,What the CBK's new 2.5% buffer would mean for Kenya's biggest banks
Technology13 Sep 2026
The AI bosses are asking to be slowed down. Here's what they actually said
AI slowdown. OpenAI delays its IPO citing safety. What investors should weigh
Energy13 Sep 2026
Petrol just got ₦85 more expensive at the source. Here's how that reaches your tank.
Dangote Refinery raised its petrol gantry price by ₦85 to ₦1,350 per litre as Brent topped $107. What a gantry price is and how it reaches the pump.
Companies13 Sep 2026
Keystone Bank wants out of its insurance arm. Here's what that actually means.
Keystone Bank is seeking FCCPC approval to sell 66.54% of KBL Insurance to Bethel V Limited. What the deal means and what is still unknown
Companies11 Sep 2026
Dangote wants his refinery on Wall Street. Nigerians get first dibs.
Dangote plans a US listing after doubling his refinery to 1.4m barrels a day. What it means for the ₦2.15trn Nigerian IPO opening September 14.
Economy11 Sep 2026
Egypt's food inflation is cooling. Nigeria's is going the other way.
Egypt's urban inflation fell to 14.5% in August, below the 15.5% forecast, as food inflation slowed to 6.3%. Nigeria's food inflation is rising.
Economy11 Sep 2026
More passengers, no profit : the strange economics of flying in Africa
African air traffic will hit 137.3m in 2026, yet airlines expect a 0.2% margin. Taxes, trapped funds and costly reroutes explain why
Technology9 Sep 2026
Anthropic Engineer Resigns: "They Are Gambling With Our Lives"
Anthropic researcher Jacob Coxon quits as warnings mount over rogue AI models, self-improving superintelligence, and unconstrained agent risks.
Finance9 Sep 2026
Chime’s $590M Stride Bank Acquisition Marks the Death of the Pure Neobank Model
Chime agrees to buy Stride Bank for $590M cash, trading sponsor-bank dependencies for a national charter, higher margins, and $100M+ in net synergies.
Finance9 Sep 2026
How FirstHoldCo Met the Rigorous Liquidity and Capital Criteria for FTSE’s Elite Benchmark
A financial analysis of FirstHoldCo's balance sheet resilience, CBN capital compliance, and liquidity mechanics behind its FTSE Frontier 50 admission.
Companies8 Sep 2026
Breaking Down the Numbers: Inside Dangote Refinery’s ₦2.15 Trillion IPO Mechanics
Dangote Petroleum Refinery posted a record ₦19.13tn H1 revenue, setting the stage for a landmark ₦2.15tn IPO on the NGX at ₦525 per share.
Energy8 Sep 2026
As Brent Touches $100, the Twin Supply Crisis in Hormuz and Jizan Forces a Complete Reset of Global Refining Economics
With Brent crude reaching $97.66 following Iranian threats in the Strait of Hormuz and drone strikes on Saudi Arabia's Jizan refinery, energy markets brace for multi-quarter structural supply deficits extending into 2027.
Technology7 Sep 2026
The $240M Whale Heist: Why Centralized Identity Is the Vulnerability Dragging Down Digital Asset Wealth
Inside the social engineering attack that weaponized cloud storage access and impersonation tactics to siphon $240M from a single crypto target.
Energy6 Sep 2026
Beyond Crude Exports: How IEA Partnership Anchors Nigeria's Push to Double Local Energy Capital
Nigeria's IEA associate status sets the stage to double 5-year energy investments, shifting focus to domestic refining, gas infrastructure, and grid power.
Finance6 Sep 2026
Inside Vetiva's ₦2.15tn Deal: How Dangote Refinery's Capital Raise Reshapes Corporate Finance
Vetiva leads the structuring of Dangote Refinery's ₦2.15tn public offer. Read how this mega-deal alters debt-to-equity ratios and syndicate financing.
Economy5 Sep 2026
The Economic Cost of Choking Hormuz: How CENTCOM’s Tanker Strikes Threaten Global Energy Markets
US strikes on Iranian shadow fleet vessels escalate Gulf oil disruptions, threatening global energy supply chains and compounding inflation pressures.
Technology5 Sep 2026
How Pre-Registered SIMs Fuel Financial Fraud and Subvert Anti-Money Laundering (AML) Controls
NPF-NCCC's seizure of pre-registered SIM cards highlights severe identity vulnerabilities in Nigeria's USSD and mobile banking ecosystem.
Finance5 Sep 2026
Why Botswana Wants Its Pension Funds to Co-Invest With Dangote on the Trans-Kalahari Rail Project
President Duma Boko courts Aliko Dangote for Botswana's Trans-Kalahari Railway, urging local pension funds to co-finance major infrastructure.
Energy5 Sep 2026
Why Top-Down Regulation Is Strangling Upstream Oil Investment Across Africa
Oando Energy Resources warns African governments that traditional regulatory friction threatens upstream capital retention.
Energy4 Sep 2026
The ₦301 Billion Deficit: How DisCo Revenue Losses Are Crippling Nigeria’s GenCos and Gas Suppliers
Nigeria's DisCos failed to collect ₦301bn in six months, creating a severe liquidity squeeze upstream for GenCos and natural gas suppliers.
Economy4 Sep 2026
Nigeria’s 4.43% Growth Paradox: Why Headline GDP Masks an Industrial Slump
Nigeria's Q2 2026 GDP grew 4.43%, but MAN warns of a deepening real-sector crisis as industrial growth halves and manufacturing share drops to 7.72%.
Companies4 Sep 2026
InDrive and Bolt Move to Absorb Market Share as Uber Retreats from Nigeria
Uber's shutdown leaves thousands of active commuters and drivers up for grabs, accelerating a competitive shift toward low-commission ride-hailing apps.
Economy2 Sep 2026
Can $2bn in CNG Capital Spending Lower Nigeria's Logistics Inflation?
With $2bn invested in CNG infrastructure, the FG aims to lower transport costs and ease cost-of-living pressures. Here is the macro impact analysis.
Politics2 Sep 2026
Inside the Executive Purge: How Pete Hegseth Is Reshaping the Pentagon's Power Structure
Over 20 military and civilian defense leaders have been ousted under Defense Secretary Pete Hegseth, marking the largest Pentagon governance shift in modern history.
Economy2 Sep 2026
AGROMEQA EXPO 2026: Equipment Makers and Agritech Firms Target Nigeria’s Agro-Export Gap
Abuja Chamber of Commerce and Industry (ACCI) announces AGROMEQA EXPO 2026 to connect agricultural machinery manufacturers and agro-processors with private capital.
Finance2 Sep 2026
Inside FirstBank’s ₦1bn-a-Day Micro-Lending Machine: How Instant Digital Credit Is Changing Retail Banking Margins
FirstBank crosses ₦1tn in cumulative digital loans while disbursing ₦1bn daily via FirstAdvance. Here is the financial mechanics driving instant retail credit in Nigeria.
Technology2 Sep 2026
Healthcare AI in Africa: How Nexus is Transforming Diagnostic Radiology
Nexus deploys AI diagnostic tools across African healthcare systems, turning shortage-plagued medical imaging into a high-speed digital pipeline.
Economy2 Sep 2026
The Great Capital Reallocation: Why Nigerian Banks Are Ditching Oil for Agriculture
Bank credit to Nigerian oil and manufacturing fell by over N11 trillion combined as agriculture surged 23% in Q1 2026. Inside the macro shift reshaping Nigeria’s GDP growth.
Politics1 Sep 2026
Public Treasury to Crypto Wallets: How Sub-National Funds Are Bypassing Traditional Oversight
EFCC uncovers public fund diversion from local government accounts into crypto wallets, raising questions over sub-national fiscal governance.
Finance1 Sep 2026
CBN Opens ₦700bn Treasury Bill Auction as Fiscal Debt Program Enters Final Q3 Sprint
The Central Bank of Nigeria tenders ₦700 billion in Treasury Bills, heavily weighted toward 1-year paper to fund net borrowing goals before Q3 closes.
Economy23 Aug 2026
Why the SEC’s Crypto Transaction Pipeline Is Really About Capital Controls and Tax Extraction
The SEC's proposed crypto rules prioritize cross-border transaction tracking, giving Nigeria unprecedented visibility into capital outflows and taxable digital wealth.
Companies23 Aug 2026
Inside AfriGopay’s Commercial Push to Capture Nigeria’s Grassroots Banking Market
AfriGopay pitched its domestic card scheme (AfriGO) to microfinance bank operators at the 16th NAMB AGM in Abuja to drive adoption among grassroots institutions.
Technology23 Aug 2026
How MTN Is Building the Sovereign Cloud Architecture for Nigeria’s 14 Billion Transaction Economy
MTN Nigeria launches sovereign cloud infrastructure to help banks meet CBN's 2027 data localization deadline, curbing $850m in annual cloud capital flight.
Technology23 Aug 2026
How Digital Payment Rails Are Driving Financial Inclusion Across Transit Corridors
CBN and state leaders target agent banking, USSD, and QR-code systems to bridge financial inclusion gaps across Nigeria's commercial transit corridors.
Finance23 Aug 2026
The Reserve Custody Play: How Nigerian Commercial Banks Stand to Gain Millions in Stablecoin Deposits
CBN's proposed rule requiring stablecoin issuers to hold fiat reserves in local custodian banks could unlock massive non-interest deposit balances for top lenders.
Economy23 Aug 2026
Headline Inflation Eases to 15.43% as CBN Tightening Takes Hold, but Food Price Pressures Persist
Headline inflation in Nigeria fell to 15.43% in July as central bank tightening stabilizes FX markets, despite lingering month-on-month food price pressures.