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Site title: Business News In Nigeria | Financial Watch Newspaper

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China Just Took Over Nigeria’s Car Market — Here’s How It Happened

The streets of Lagos and Abuja tell a story that traditional automakers never saw coming. Where Toyota Corollas and Honda Accords once dominated Nigerian roads, sleek GAC GS8s, Chery Tiggo SUVs, and Changan sedans now cruise through Victoria Island traffic with growing confidence. What started as a quiet infiltration has evolved into a full-scale automotive revolution, as&nbs...


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Naira Soars to Six-Month High at N1,514.86 Against Dollar

Lagos, Nigeria – The Nigerian naira has surged to its strongest position in six months, closing at N1,514.86 per dollar on Thursday in the official foreign exchange market, marking a dramatic turnaround that has ignited celebrations across social media platforms and renewed optimism among investors in Africa’s largest economy.

This milestone repre...


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Tax in the Digital Age: Nigeria Now Taxes Virtual Asset Gains

Nigeria’s bold leap into the digital tax era has sent shockwaves across Africa’s largest cryptocurrency market, as Lagos-based traders and Abuja policymakers grapple with groundbreaking legislation that transforms how virtual assets are regulated and taxed. The West African giant’s recent passage of comprehensive digital asset taxation laws marks a pivotal moment in the conti...


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Opay vs Traditional Banks: Interest Rates Battle Nigeria

Nigeria’s fintech revolution has fundamentally transformed how millions save their money, with Opay emerging as a formidable challenger to traditional banking giants like GTBank, UBA, and Access Bank. As Nigerians increasingly seek higher returns on their savings amid economic challenges, the interest rate divide between digital platforms and conventional banks has sparked in...


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Jonathan 2027: Nigeria’s Constitutional Crossroads and Political Revival

Nigeria finds itself at a fascinating political crossroads as speculation intensifies around former President Goodluck Jonathan’s potential return to the presidential race in 2027. What began as whispered conversations in political circles has erupted into a full-blown national debate, splitting legal experts, politic...


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