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Category: Business

03 Mar

Nigeria Records 4.07% GDP Growth in Q4 2025

The National Bureau of Statistics (NBS) has released its Gross Domestic Product (GDP) report for the fourth quarter of 2025, showing that Nigeria’s economy expanded by 4.07% year-on-year. The growth rate is higher than the 3.76% recorded in Q4 2024 and also slightly...
02 Mar

CBN Reduces Interest Rate to 26.50%

The Central Bank of Nigeria has lowered the country’s main interest rate to 26.50%. What does this mean in simple terms? Loans may become slightly cheaper: Businesses and individuals could see lower borrowing costs over time, depending on how banks adjust...