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POLICYSTREET
Power, logistics, credit access, imports, permits, security and operating costs.
For years, Nigeria’s financial conglomerates have operated in ways that blur the lines between their constituent parts. A bank holds deposits. Its fintech subsidiary processes payments. Its...
The 2026 Fiscal Policy Measures take full effect on 1 July. Lower tariffs on cars and rice. A green tax on big engines. Higher duties on beer, spirits and cigarettes. Import prohibitions on 17 product...
Effective today, the Central Bank of Nigeria revoked the operating licences of 46 microfinance banks under Sections 12 and 13 of BOFIA 2020, approved by Governor Cardoso. The stated grounds:...
When Nigeria's Central Bank raises its interest rate, commercial banks raise the rates they charge borrowers quickly and by a large amount. When the Central Bank cuts its rate, commercial banks reduce...
TikTok removed 4.02 million videos and terminated 86,000 live sessions in Nigeria during the fourth quarter of 2025, according to the platform's Community Guidelines Enforcement Report released this...
Oil is trading with a clear war premium again. Prices have not returned to the April spike, but the latest jump shows that markets are re-pricing risk as if the Strait of Hormuz were a structural...
Nigeria now moves more than ₦1 quadrillion a year through electronic payments, based on Nigeria Inter‑Bank Settlement System (NIBSS) data for 2024. That means money sent by bank transfer, card, mobile...
The Central Bank of Nigeria (CBN) has increased the maximum amount that Nigerian students can receive in foreign exchange for tuition payments abroad to 25,000 dollars per semester, up from 15,000...
Washington has opened 60 trade investigations into countries it says are not doing enough to keep forced‑labour goods out of their markets. If those governments fail to tighten their rules and...
In Nigeria, like many other similar countries, many firms face a deeper strategic question than “What sector am I in?” The real question is, should a business be tightly tied to the global economy,...
Retail loans decline despite rise in consumer credit to ₦3.81 trillion in January Nigeria’s consumer credit outstanding rose to about ₦3.81 trillion in January 2026, up 0.79% from ₦3.78 trillion in...
ipNX, a Nigerian internet and technology services company, is warning businesses not to rush into AI without the basics in place. Its point is simple: AI depends on stable internet, organised data and...