BUSINESS
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MPR: Why CBN Cut Interest Rate for the First Time Since 2020 — A Delicate Balancing Act Between Growth and Inflation
After nearly five years of monetary tightening, Nigeria’s Central Bank has finally trimmed its policy rate, lowering the Monetary Policy…
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GTCO Posts ₦600.9bn Profit Before Tax in H1 2025, Strengthens Market Leadership
Guaranty Trust Holding Company Plc (GTCO) has reported ₦600.9bn profit before tax for H1 2025. The results, despite a steep…
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Nigeria’s GDP Quickens to 4.23% in Q2 2025: Industry, Oil and Services Drive Momentum
The Nigerian economy posted stronger growth in Q2 2025, with GDP expanding by 4.23% year-on-year. A revitalised industrial sector, higher…
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NextMoney to Unveil Nigeria’s Top 100 Companies at Landmark Awards Night
The highly anticipated NextMoney Top 100 Companies Awards will spotlight Nigeria’s corporate champions—honouring firms setting the pace in assets, revenues,…
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eTranzact Boss Charts a Faster, Cheaper Cross-Border Playbook for ID-Linked Payments
Nigeria’s cross-border payments are still too slow, too costly, and too opaque—especially for low-income users and MSMEs. That was the…
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2025 Budget Reset: National Assembly Halts Contract Circulars, Extends Capex Window
Nigeria’s 2025 spending plan just hit a hard reset. In a rare joint move, the Senate and House Appropriations Committees…
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How Our Refinery Ended Nigeria’s 50-Year Fuel Queues — Aliko Dangote
Nigeria’s half-century struggle with petrol scarcity is “over,” Aliko Dangote declared at a Lagos briefing marking one year of petrol…
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NUPRC Reforms Unlock 28 Field Plans, $18bn Investments
NUPRC CEO, Gbenga Komolafe Nigeria’s upstream reset is starting to show in hard numbers. The Nigerian Upstream Petroleum Regulatory Commission…
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FOB Levy on Hold: Customs Moves to Suspend 4% Charge as Ports Seek Predictability
Comptroller-General, -Nigeria Customs Service (NCS) -Mr. Bashir Adewale Adeniy Nigeria’s import community exhaled this week as the Nigeria Customs Service…
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Ocean Dragon Launches: Naira-FOB Shipping to Lift Nigeria’s Indigenous Trade
Lagos — Clarion Shipping has unveiled its new vessel, Ocean Dragon, with commercial operations commencing October. The company is pitching…
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