OpinionLow
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.
Betini Udom
Desk
Opinion
Analysis and argument from RainingMoney writers.
10 stories
OpinionMedium
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.
Betini Udom
OpinionHigh
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.
Betini Udom
OpinionHigh
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.
Betini Udom
OpinionHigh
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.
Betini Udom
OpinionHigh
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.
Betini Udom
OpinionHigh
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.
Betini Udom
OpinionHigh
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.
Betini Udom
OpinionHigh
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.
Betini Udom
OpinionHigh
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.
Betini Udom