Nigeria’s inflation rate is expected to maintain its downward turn in September 2025, as analysts point to a stronger naira, improved food supply, and stable […]
Headline
Category: Business
FAAC: Nigeria’s 36 states share N4.43 trillion in 7 months
Nigeria’s 36 states shared a cumulative N4.43 trillion from the Federation Account Allocation Committee (FAAC) between January and July 2025, with receipts of oil-rich states accounting for about […]
IMF raises Nigeria’s 2025 growth forecast to 3.9%, 4.2% in 2026
The International Monetary Fund (IMF) has upgraded Nigeria’s economic growth projection, forecasting a 3.9% expansion in 2025 and 4.2% in 2026. The revised figures were […]
Elon Musk and X settle $128 Million severance dispute with fired Twitter executives
Elon Musk and his social media company, X (formerly Twitter), have reached a settlement with a group of top former executives over a dispute involving […]
FTSE Russell adds Nigeria to watch list for frontier market return
Stock market (Image credit: Freepik) Global index provider FTSE Russell has added Nigeria to its Watch List for a possible reclassification from Unclassified to Frontier […]
NRC generated N1.95bn revenue from passengers in Q1 2025 – NBS
The National Bureau of Statistics (NBS) has reported that the Nigerian Railway Corporation (NRC) generated ₦1.95 billion in passenger revenue during the first quarter (Q1) of […]
Gold price soars 42.8% in one year, surpassing record $3,650
The price of Gold surged 42.8% between September 2024 and September 2025, breaking past a record high of $3,650 per ounce and continuing its rally […]
Top 10 Nigerian stocks with the biggest investor returns in Q3 2025
Stock market (Image credit: Freepik) In the third quarter of 2025, the Nigerian stock market put on a strong show, with the All-Share Index returning […]
Nigeria’s business confidence rises to 107.9 points in September
Nigeria’s business landscape sustained its upward momentum in September 2025, as the Current Business Performance Index climbed to 107.9 points, marking a 0.6-point increase from 107.3 […]
8 countries with the highest gold reserves
Gold remains a crucial economic asset, with the United States leading globally with 8,133.46 tonnes in reserves as of Q2 2025. Germany follows with 3,350.25 […]