By Urinrin Abohweyere | MoneyDesk Two years ago, when Central Bank of Nigeria Governor Olayemi Cardoso announced plans to push…
WHY THEY CAME BACK: THE UNTOLD STORY OF JAPADA, NIGERIA’S ARMY OF RETURNED MIGRANTS.
Some came back in handcuffs. Some came back broken. Some came back by choice and were treated as failures. A…
Nigeria Needs AI Policy for Public Wealth Fund
By Henry Amune | We are standing at the edge of an economic transformation as consequential as the discovery…
What good is ₦100k minimum wage if Naira keeps losing value, Nigerians ask
By Staff Reporter | Abuja, Nigeria – The Nigeria Governors Forum (NGF) has proposed a new minimum wage…
Nigeria’s Oil Producers Trade Above $100/Brent Benchmark
Nigeria’s domestic oil producers are moving fast to capitalize on the biggest crude supply shock in global market history —…
Nigeria’s Diaspora Remittances Hit $600 Million Monthly
— CBN Eyes $1 Billion by Year-End Nigeria’s diaspora community is sending money home at record rates, and the Central…
Remittance Tax: The New Colonial Toll?
An editorial opinion piece analyzing the geopolitical fallout. — Why the West’s Proposed Remittance Tax Is a Geopolitical Blunder. The…
Planned Tax on Remittances Threatens African Economies, Experts Warn
By Economic Correspondent LAGOS — A proposal by Western governments to tax outbound international money transfers could disrupt formal banking…
Nigeria’s Economic Crisis Is Rewriting Festivities
By News Correspondent, Newstexts.com For Yunus Akanji, the preparations for Eid al-Adha — the most significant sacrifice festival in the…
SENDING MONEY HOME: CURRENCY COSTS AND ₦ VALUE
NewsTexts Economy & FX Desk 15 May 2026 | 12-minute read INTRODUCTION Every day, millions of Nigerians in…

