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Category: Economy

Business Economy headline

CBN reduces interest rate to 27%

Iheanyi Ejiofor September 23, 2025 No Comments #CBN #Interest rate #MPC #Cardoso

Our reporter/ The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the country’s interest rate to 27.00 per cent for the first time in 2025. This…

Read More CBN reduces interest rate to 27%
Business Economy

Top 10 contributors to Nigeria’s GDP in Q2 2025

Iheanyi Ejiofor September 23, 2025 No Comments #GDP #Nigeria #GDP growth

The National Bureau of Statistics on Monday said Nigeria’s economy picked up pace in the second quarter of 2025, expanding by 4.23 per cent year-on-year, a clear improvement from 3.48…

Read More Top 10 contributors to Nigeria’s GDP in Q2 2025
Business Economy headline

Restructure, buy Port Harcourt refinery, Otedola tells DAPPMAN amid fight with Dangote

Iheanyi Ejiofor September 23, 2025 No Comments #Otedola #Dangote #DAPPMAN

Our reporter/ Businessman and billionaire, Femi Otedola, on Monday waded into the ongoing dispute between the Depot and Petroleum Products Marketers Association of Nigeria and the Dangote Refinery, advising the…

Read More Restructure, buy Port Harcourt refinery, Otedola tells DAPPMAN amid fight with Dangote
Business Economy headline

CPPE hails CBN governor Cardoso’s achievement, seeks inclusive development

Iheanyi Ejiofor September 22, 2025 No Comments #CPPE #CBN #Cardoso #inclusive development

The Centre for the Promotion of Private Enterprise says economic reforms implemented by the Central Bank of Nigeria deserve commendation. Muda Yusuf, CPPE’s chief executive officer, said this in a…

Read More CPPE hails CBN governor Cardoso’s achievement, seeks inclusive development
Business Economy headline

China, Nigeria trade hits $15.48 billion

Iheanyi Ejiofor September 22, 2025 No Comments #Nigeria-China trade

Yan Yuqing, China’s consul general in Lagos, says bilateral trade between China and Nigeria reached $15.48 billion between January and July. Ms Yuqing disclosed this on Sunday at a reception…

Read More China, Nigeria trade hits $15.48 billion

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