Business

All the recent business news in Nigeria, economy and industry updates.

‘High costs, tech barriers limit Nigerians in online trading’

FXTM, a global leader in online trading, has identified high entry costs, technical complexity and lack of structured learning support as some of the

Transport, blue economy ministers set for transport summit

Ministers of Transport and Marine and Blue Economy have been confirmed as participants at the 2025 Transportation Correspondents Association of Nigeri

Wema Bank targets SMEs, corporates with enhanced ALATPay solutions

Wema Bank Plc has introduced new features on its digital payment platform, ALATPay, designed to strengthen reconciliation processes, improve cash flow

CBN cuts interest rates by 50 basis points to 27 per cent

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced interest rates by 50 basis points from 27.5 per cent to 27 per ce

Oil production raises GDP by 4.23%

Driven by improved crude oil production, Nigeria’s Gross Domestic Product (GDP) grew by 4.23 per cent, a report by the National Bureau of Statistics (