Business
Nigeria’s GDP Grows by 3.13% in Q1 2025 After New Rebase – NBS
Nigeria’s GDP grew by 3.13% in Q1 2025 after rebasing. Services sector drives growth as real estate overtakes oil.
22 July 2025
Economy
Business
Inflation Rate Drops to 22.22% in June 2025, Despite Rise In Food Cost
Nigeria’s inflation drops to 22.22% in June 2025, but food prices continue to climb month-on-month, says NBS.
17 July 2025
Business
Sterling Bank to Raise $400 Million to Boost Growth and Market Competitiveness
Sterling Bank Plc to raise $400 million through debt and equity instruments to expand its balance sheet, boost growth, and strengthen market competitiveness.
16 July 2025
Business
Geregu Power Plc Surpasses Q2 Forecasts with N13.3 Billion Profit
Geregu Power Plc posts N13.3bn pre-tax profit for Q2 2025, exceeding forecasts with 61% YoY growth. Half-year profit hits N26.3bn despite Q1 revenue dip.
14 July 2025
Business
Lekki Port Begins Transhipment to Ghana, Togo, Abidjan, Eyes 500,000 TEUs in 2025
Nigeria’s Lekki Port has started international transhipment operations to Togo, Ghana and Abidjan, targeting 500,000 TEUs by year-end
11 July 2025
Breaking News
Experts Disagree with IMF’s New 3.4% GDP Growth Projection for Nigeria
Experts fault IMF’s fresh projection of 3.4% GDP growth for Nigeria in 2025, calling it unrealistic given weak oil production, high inflation, and worsening poverty.
3 July 2025
Breaking News
Our Goal Is to Build a FCT That Works for Everyone – President Tinubu
President Tinubu reaffirms commitment to infrastructure development in FCT, pledging roads and projects that benefit every resident
2 July 2025
Business
Dangote Refinery’s N720bn Distribution Plan to Save Nigerians Over N1.7trn Yearly
Dangote Refinery says its N720 billion investment in CNG trucks and free fuel delivery will save Nigerians N1.7 trillion yearly
30 June 2025
Business
Nigerian Ports Authority Targets N1.28 Trillion Revenue in 2025
Nigerian Ports Authority sets a N1.28 trillion revenue target for 2025, led by ship dues and infrastructure upgrades, aiming for 40% growth
24 June 2025
Business
Banks Clear 95% of USSD Debt as Nigeria Moves to End-User Billing
Banks clear 95% of ₦180bn USSD debt, allowing telecoms to implement end-user billing. Customers will now pay USSD charges via airtime
20 June 2025
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