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Liquidity Surge in Nigeria’s Financial System Raises Questions as CBN Maintains Tight Policy
Nigeria’s broad money supply (M3) expanded significantly to N129.21 trillion in May 2026, highlighting continued liquidity growth in the economy...
Private Sector Credit Expands to N81.04 Trillion in May Despite Tight Monetary Policy
Nigeria’s private sector credit grew to a new high of N81.04 trillion in May 2026, according to the latest data...
Starlink Dominates African Internet Speeds, Outperforming Local Providers in 22 Markets
Starlink, Elon Musk’s satellite broadband service, has emerged as the fastest internet provider across much of Africa, delivering superior speeds...
CBN Tightens Oversight on Fintechs with New Ultimate Beneficial Ownership Directive
The Central Bank of Nigeria (CBN) has introduced a significant regulatory requirement for fintech companies and other financial institutions, mandating...
FG Dismisses Plans for New Taxes on Fuel and Telecoms
The Federal Government has strongly refuted reports claiming it intends to introduce new taxes on petroleum products and telecommunications services,...
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