Nigeria’s Inflation Rate Drops to 23.71% in April 2025
Nigeria’s inflation rate eased to 23.71% in April 2025, down from 24.23% in March, driven by falling food prices and slower monthly consumer price growth.
Seplat Energy Completes $800M Mobil Acquisition, Doubles Production
Seplat Energy completes $800M Mobil acquisition, doubling production to 118,000 boepd and boosting reserves by 85%, strengthening Nigeria’s energy sector.
Tinubu’s Economic Reforms Boost Nigeria’s Growth and Investor Confidence
Nigeria’s economy grows 4.6% in Q4 2024 amid inflation; Tinubu’s reforms restore investor confidence and fiscal stability, says World Bank report.
David Beckham’s 50th birthday celebration: Family feud exposed
Great, Beckham! Football icon, Dad, husband and a great businessman
Ndume Backs Tinubu’s Import Ban to Boost Local Economy
Senator Ali Ndume supports Tinubu’s ban on imported goods that can be produced locally, calling it a bold move to boost indigenous businesses and create jobs.
ExxonMobil to Invest $1.5bn in Nigerian Deepwater Oilfield
ExxonMobil plans $1.5bn investment in Nigeria’s Usan deepwater oilfield from 2025-2027, aiming to increase production and support national energy targets.
AfDB President Urges Bold Economic Reforms
AfDB’s Adesina warns Nigeria: Fix power, add value to exports, and reform governance to avoid economic collapse.
CAC’s Six-Week Business Registration Deadline
CAC warns: Register businesses in six weeks or face prosecution, fines, and jail under CAMA 2020.
Market Rally on NGX
Nigeria’s stock market rebounds with ₦229B gain in 5 hours, reversing a 3-week slump on consumer goods and banking rallies.
NASENI Decries Foreign Goods Preference
NASENI calls for Made-in-Nigeria patronage to boost economy, April 2025. #MadeInNigeria
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