Sept. 23, 2025 The Monetary Policy Committee (MPC) of the CBN on Tuesday reduced Nigeria’s baseline interest rate known as the Monetary Policy Rate (MPR) from 27.50 per cent to 27 per…
Category: Business & Economy
Nigeria’s GDP grew by 4.23% in Q2 2025 – NBS Report
The National Bureau of Statistics (NBS) says Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 4.23 per cent in the second quarter of 2025 on a year-on-year basis. The…
Access Bank launches Womenpreneur Pitch-a-Ton 2025
Access Bank is pleased to announce the launch of its Womenpreneur Pitch-a-Ton 2025 programme, empowering female entrepreneurs across Africa with essential skills, knowledge, and resources to drive business growth and self-sufficiency. Applications…
Bezos-backed renewables alliance targets $7.5 billion for developing countries
September 22, 2025 An alliance that installs renewable energy in developing countries wants to invest around $7.5 billion during its next five-year plan, executives told Reuters, and is seeking more philanthropic partners…
Nigeria’s SEC orders shift to real-time bond valuation by 2027
September 22, 2025 Nigeria’s Securities and Exchange Commission has issued a directive to fund managers to value bonds based on current market prices rather than their original purchase cost, the agency confirmed…
NextMoney to unveil Top 100 Companies in Nigeria, celebrate nation’s high-performing companies
NextMoney, a publication of Centre for Financial Journalism Ltd/Gte, is set to unveil Nigeria’s Top 100 Companies and host NextMoney Top 100 Companies Awards to celebrate the country’s high-performing companies. The unveiling…
Nigeria-China trade climbs to $15.48bn in 7 months – Consul-General
Ms. Yan Yuqing, Consul-General of the People’s Republic of China in Lagos says Bilateral trade between China and Nigeria reached $15.48 billion between January and July, a record 34.7 per cent increase….
Nigeria meets 96% OPEC quota in Aug., as output averages 1.63mbpd – NUPRC
Sept. 20, 2025 Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bpd) of crude oil and condensates in August 2025, This is an improvement…
Nigeria considers giving oil contract control to regulator
September 19, 2025 Nigeria is considering appointing the state regulator to take control of the country’s existing oil contracts, rather than the state oil company, according to a draft legislative amendment seen…
Insurgents raid Nigerian military barracks in Banki, soldiers retreat, residents and sources say
September 19, 2025 Suspected insurgents attacked a border town in northeastern Nigeria’s Borno state and seized weapons from a military barracks as the soldiers there fled, residents and security sources said on…