How Nigerians Abroad Can Open Bank Accounts with CBN’s Non-Resident BVN

For many Nigerians living abroad, opening a bank account in Nigeria has long been a frustrating process. Lengthy forms, repeated correspondence, and the requirement to appear in person often discouraged potential account holders. This is now changing.

August 14, 2025

Nigeria's Real Estate Sector Hits N41tn

You know that friend who bought land in 2019 for ₦800k and now it’s worth ₦5 million? Or the house you’ve been eyeing for years that just got listed again—this time at double the price? Real estate in Nigeria has always felt like a goldmine, but now the data backs it up. According to the newly rebased GDP figures from the National Bureau of Statistics (NBS), the real estate sector is officially the third-largest contributor to Nigeria’s economy, valued at ₦41.3 trillion.

July 31, 2025

What Investors Should Know About the UK's Inflation Surge

June brought an unexpected development in the UK’s economic landscape: a rise in inflation, reversing several months of gradual progress. As central banks around the world weigh the pace of monetary easing, this new data point has renewed attention on the Bank of England (BoE) and its upcoming decisions on interest rates.

July 17, 2025

What the IMF’s 2025 Growth Forecast Means for Nigeria’s Economy

The International Monetary Fund (IMF) has upgraded its outlook for Nigeria’s economy, projecting a growth rate of 3.4% in 2025 — up from 2.9% in 2023. The change is largely attributed to ongoing reforms, improved investor sentiment, and stronger performance in the oil and services sectors. But this progress is uneven. While inflation is easing and reserves are rising, poverty and food insecurity have worsened. The IMF warns that reform gains will not be sustainable without stronger social protection and better fiscal management.

July 3, 2025

What Falling UK Property Prices Tell Us About the Market in 2025

The UK property market is undergoing one of its most fragmented phases in recent memory. While inner London home prices are falling, outer boroughs are showing resilience. Simultaneously, inflation in the UK remains above target, and mortgage rates continue to weigh on buyer behaviour. For Nigerian investors, these trends present a strategic opportunity to invest in real estate backed by a strong currency and long-term fundamentals.

June 19, 2025

Why a Strong Currency Isn’t Always a Good Thing

Since the beginning of 2025, the Swiss franc has appreciated by over 10% against the U.S. dollar. At first glance, this may appear to signal economic strength and global confidence. However, for policymakers at the Swiss National Bank (SNB), it is presenting a complex and increasingly urgent challenge.

June 5, 2025