Follow the Money (Wrapped): Tax laws, ATMs’ return, and where money went in 2025

In 2025, TechCabal published about 21 editions of Follow the Money, tracking how Nigerians earned, spent, saved, and lost money in a year shaped by policy shifts, fintech power plays, and tightening government oversight.

We followed what banks spent on, how tax laws evolved, how Jumia adjusted its revenue strategy, and how individuals and companies adapted to a rapidly changing financial…