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Nigeria’s GDP grows 3.13% in Q1 2025
Nigeria’s Gross Domestic Product (GDP) grew by 3.13 per cent year-on-year in real terms during the first quarter of 2025,…
Court orders CAC to deregister KPMG Professional Services
The Court of Appeal in Lagos has asked the Corporate Affairs Commission (CAC) to revoke the certificate of registration of “KPMG…
Femi Otedola to launch Book in August
Billionaire businessman Femi Otedola has announced that he will launch his new book on 18 August 2025.
Writing…
NMDPRA commences performance assessment of licensed gas distributors
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has begun a two-day performance review of licensed…
Nigeria’s inflation rate drops further in June – NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate has dropped to 22.22 percent in June 2025, down…
Nigeria meets output quota of 1.5m bpd for second time in 2025 – OPEC
The Organization of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.505…
Banks lose ₦156billion to bad loans in Q1
Eight Nigerian banks recorded a combined ₦156bn in impairment charges on credit and financial assets in the first quarter of 2025,…
China’s economy surpasses expectations amid tariffs
China's economy has beaten expectations even as US President Donald Trump's tariffs and a prolonged crisis in the property market…
Dangote unveils plans to build ‘biggest, deepest’ seaport in Nigeria
President of the Dangote Group, Aliko Dangote has unveiled plans to build the “biggest, deepest seaport in Nigeria”.
In an…
‘Another ponzi scheme in town,’ SEC warns Nigerians against…
The Securities and Exchange Commission (SEC) has warned Nigerians about the activities of Forsman & Bodenfors Limited, also…