Economy Archives - Independent Digital News Network

Banks Now Deducting USSD Charges From Airtime — Customers Fume Over New Debit Policy

Banks in Nigeria have quietly begun deducting USSD fees from customer airtime instead of account balance, sparking outrage and confusion nationwide.

Panic in Forex Market as CBN’s ₦2 Billion Recapitalisation Deadline Rattles BDC Operators

IDNN2 days ago0

BDC operators face uncertainty and possible shutdowns as CBN enforces a ₦2 billion recapitalisation threshold, shaking the already fragile forex market.

🐄 Nigeria Begins Importing Danish Cows to Slash ₦1.5 Trillion Milk Import Bill

IDNN3 days ago0

To reduce Nigeria’s heavy milk import bill, the Federal Government has begun importing high-yield Danish dairy cows to jumpstart local milk production.

“Defections Won’t Save You” — PDP Dares APC to Show Scorecard Ahead of 2027

IDNN4 days ago0

The PDP has warned the APC that political defections won’t save them in 2027, challenging the ruling party to face Nigerians with results, not realignments.

Moody’s Upgrade Hits — Tinubu Says Nigeria Is Back in Business

IDNN4 days ago0

Moody’s has upgraded Nigeria’s credit rating, citing improved fiscal discipline, external balance, and reform credibility. Tinubu says it’s a win for investor trust.