Revised Agent Banking Regulation – Explained Simply
The Central Bank of Nigeria (CBN) has updated the rules guiding agent banking (POS operators and other bank agents) to make financial services safer, more reliable and accessible. The changes…
Prices Still High, But Rising More Slowly
Inflation in Nigeria dropped again in August 2025, making it the fifth month in a row that prices have been slowing down. The inflation rate is now 20.12%, down from…
Lagos Real Estate Reforms
The Lagos State Government has urged the leadership of major real estate bodies – including the Nigerian Institution of Estate Surveyors and Valuers, Real Estate Developers Association of Nigeria and…
SON Set to Prosecute Dealers of Inferior Steel
The Standards Organisation of Nigeria is set to prosecute manufacturers and distributors of substandard steel products in the country. This was revealed by the Chairman, Special Task Force, Standard Organisation…
How FCCPC Tackles Immediate & Remote Causes of Exploitative Pricing While Promoting a Free Market Economy
The Federal Competition and Consumer Protection Commission (FCCPC) organized a stakeholders meeting on exploitative pricing which was both robust and engaging where all relevant stakeholders discussed their challenges openly. However,…
How Higher Interest Rates Affect Your Wallet: What You Need to Know!
When the Central Bank of Nigeria (CBN) raises interest rates, it impacts everyone in different ways. Here’s a simple breakdown for consumers: 1. Higher Loan Costs When interest rates go…
Consumer Perspective on the Recent Minimum Wage Increase to Seventy Thousand Naira
The recent increase in Nigeria’s minimum wage to seventy thousand naira has sparked a range of reactions among consumers. Here’s a glimpse into how the average Nigerian consumer views this…
Balancing Tradition and Economy: How the Ooni of Ife’s Price Control Measure Will Impact Nigerian Markets
Price control in a country like Nigeria can be quite complex and a multifaceted issue. The effectiveness of price control measures can vary depending on several factors, including the specific…