Economy

Kano free trade zone records ₦18bn revenue surge

The Kano Free Trade Zone has revealed a major surge in economic activity in 2025, generating over ₦18 billion in combined revenue through operations...

Reduce interest rates, MAN tells CBN 

The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to further reduce interest rates, warning that the high...

CBN maintains 27% interest rate

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has maintained the benchmark interest rate at 27 per cent, extending its pause...

NNPCL declares ₦5.4tn after-tax profit 

The Nigerian National Petroleum Company Limited (NNPCL) has declared a profit after tax of ₦5.4 trillion for the financial year ended 2024, marking one...

Naira drops to ₦1,456.72/$

The naira recorded a negative trading performance during the week as the naira weakened by 0.99 per cent at the official Nigerian Foreign Exchange...

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