Nigeria records $4.6bn BoP surplus in Q3 2025
Nigeria's external sector strengthens as the CBN reports a $4.6 billion Balance of Payments surplus for Q3 2025, driven by trade gains and rising reserves. Read the full analysis.
Category : Search result: Balance of Payments
NNPC Debt Waiver: Only Penalties Forgiven
Clarification emerges that NNPC's $1.42bn and N5.57tr debt waiver covered only interest and penalties, not core royalties. CHRICED slams the move as reckless and opaque.
Nigeria's Q3 Current Account Surplus Falls 41%
Nigeria's current account surplus dropped sharply to $3.42bn in Q3 2025, a 41% decline. Explore the CBN data on oil exports, remittances, and rising external obligations shaping the nation's balance of payments.
Kano Bans Cash Tax Payments from January 2026
Kano State will enforce digital-only tax payments from 2026 to curb revenue leakages. Experts urge public embrace of reforms for economic growth. Learn more.
Nigeria Deletes Terrorist Accounts on TikTok, Facebook, X
Nigeria's NCTC is collaborating with social media giants to delete accounts used by terrorists and bandits. The agency also exposes new ransom methods via POS operators. Read the full report.
BitMARTe E-commerce Platform Launches in Nigeria
BitMARTe, a new e-commerce platform, launches in Nigeria to tackle delayed fulfillment and payment insecurity. Discover its unique features and leadership team.
Kidnappers collect ₦2.57bn ransom in one year
A new report exposes that kidnappers in Nigeria collected a staggering ₦2.57 billion in ransom from July 2024 to June 2025, with the Northwest as the epicentre. Discover the shocking scale of this criminal enterprise.
FG Orders Road Contractors to Stay on Site for Christmas
Works Minister David Umahi directs contractors on major highways to remain on site during the festive season to ease gridlock. FG also announces N263bn payment plan for contractors, pending verification of N2.13trn debt.
OneDosh Launches Borderless Payments in US and Nigeria
OneDosh launches its cross-border payments platform in the US and Nigeria, using stablecoin tech for instant, low-cost international transfers. The service is live in 49 US states, with New York coming soon.
NIBSS assures seamless festive e-payments
NIBSS promises hitch-free digital transactions this yuletide, backed by N384 trillion quarterly volume. FCCPC warns transporters against arbitrary fare hikes. Read more.
Mastercard Boosts Africa Digital Payments by 45% in 2025
Mastercard expanded its African acceptance network by 45% in 2025, driving SME growth and financial inclusion. Discover how this powers the continent's $1.5 trillion digital future.
TotalEnergies TEMC+ Card Redefines Business Payments
TotalEnergies Nigeria launches TEMC+ card for secure fleet & business payments, competing with Paystack. Nationwide migration ends Dec 31, 2025.
Africa's Digital Payments Hit $2 Trillion, Nigeria Leads
A new report reveals Africa processed $2 trillion via instant payments in 2024. Nigeria's NIP system is rated highly, but fraud concerns remain a key barrier to wider adoption. Learn more.
TotalEnergies Unveils TEMC+ for Enhanced Mobility Payments
TotalEnergies Marketing Nigeria Plc has launched the TEMC+ card, a tech-driven platform for secure payments and real-time fleet management. Nationwide migration ends Dec 31, 2025.
What to Do When You Hate Your Dream Job
Feeling drained by the career you once chased? You're not alone. This guide offers practical steps for Nigerians to handle job disillusionment, from grieving the dream to planning a strategic exit.
APC Leader Pushes for Reserved Legislative Seats for Women
APC's Hajia Zainab Abubakar Ibrahim urges swift constitutional amendment to reserve seats for women in the National Assembly, citing urgent need for gender equity in Nigerian politics.
WACOT Pays N158m to Cocoa Farmers for Sustainability
WACOT Limited disburses over N158m to 2,062 Osun cocoa farmers for sustainable practices. The initiative rewards quality and promotes financial inclusion in agriculture. Read more.
Man Reveals VDM's NGO Balance Amid Harrison Gwamnishu Feud
A Nigerian man, Charles Obinwanne Don, shares the N10 million balance in VeryDarkMan's NGO account, defending the activist against claims of jealousy towards Harrison Gwamnishu. Get the full story on the social media drama.
Why Managing Subscriptions Causes Mental Clutter in Nigeria
Explore the hidden mental cost of managing multiple digital subscriptions in Nigeria. Learn why the stress isn't about money, but mental clutter, and discover 5 steps to reclaim your peace.
Muyiwa Babarinde named among Nigeria's top 35 marketing pros
Muyiwa Babarinde, Head of Marketing at Waza, is celebrated among Nigeria's elite young marketers in the prestigious Brandcom '35 Under 35' list. Discover his journey and impact.
FG Pays First Tranche of TVET Stipends to 42,000 Students
The Federal Government has started paying monthly stipends to over 42,000 students enrolled in the TVET initiative. Read how this move aims to boost skills and economic growth.
ABUAD, UK Scholars Push for Gender Balance in Varsity Leadership
ABUAD VC Prof. Smaranda Olarinde and UK's Prof. Adetoro Adegoke call for more women in higher education leadership at a British Council-funded workshop. They address barriers like imposter syndrome and systemic bias.
Verve Issues 100 Million Payment Cards Across Africa
Verve International celebrates issuing 100 million payment cards, a landmark for Africa's digital economy and financial inclusion. Discover how this homegrown brand is reshaping payments.
CBN Prioritises Digital Payments, Financial Inclusion for 2026
CBN Governor Olayemi Cardoso outlines 2026 agenda focusing on payment system upgrades, digital finance expansion, and deeper financial inclusion for all Nigerians. Read the full plan.
Reps query Azura Power over N18bn undisclosed payments
House of Representatives committee demands explanation from Azura-Edo IPP for failing to disclose over N18bn received from NBET in 2023. Full investigation into power sector spending continues.
Gratuity Returns for Federal Workers in 2026
Federal workers celebrate as gratuity payments resume in January 2026 after a decade-long halt. The ASCSN also pushes for pension reforms and opposes Unity Schools' privatization.
Contractors Appeal to Tinubu Over FG Debt Since 2024
Nigerian contractors under ANC appeal to President Tinubu for payment of debts owed since January 2024. They face financial crisis ahead of Christmas due to heavy bank interests.
Fintech Growth Demands Strategic Partnerships
Fintech sector growth is unsustainable without strategic partnerships with banks, regulators, and tech providers. Learn how collaborations drive financial inclusion and innovation in Nigeria.
Father's 20-year 4am to 12am commute story
A Nigerian woman reveals her father's 20-year daily commute from Ikorodu to Marina, working corporate jobs to support his family. Read this inspiring story of parental sacrifice.
IUX Brokerage Grows 68%, Enhances Client Protection
IUX brokerage reports explosive 68% quarterly growth to $541B in trading volume. Discover their risk management safeguards including negative balance protection and segregated funds for Nigerian traders.
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