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The Business NG - September 24, 2025

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Bu sayıda

Editorial Focus – BusinessNG

Nigeria’s economic landscape is showing signs of resilience, with Q2 2025 GDP growth hitting 4.23% on the back of a strong oil rebound and steady non-oil sector performance. The surge in crude output and higher receipts have lifted aggregate GDP to ₦100.73 trillion, reinforcing investor confidence.

In tandem, the banking sector is taking critical steps toward stability, as 14 institutions have already met the Central Bank of Nigeria’s new capital requirements.
These developments signal a strengthening economy capable of supporting large-scale projects, though smaller banks must now accelerate compliance to sustain sector-wide resilience. Collectively, these shifts suggest that Nigeria is not only recovering from past volatility but is positioning itself for sustained growth and broader economic participation.

BusinessNG will continue to monitor how these dynamics unfold and their implications for investors, businesses, and households alike.

Natasha Returns to Senate, Says No Apology

Senator Natasha Akpoti-Uduaghan has gone back to the National Assembly after completing a six-month suspension.

1 mins

Nigeria's GDP Grows 4.23% on Oil Rebound

Nigeria’s economy expanded by 4.23% year-on-year in the second quarter of 2025, driven by higher crude oil output and a stronger non-oil sector, according to data released by the National Bureau of Statistics (NBS). The figure surpasses the 3.48% growth recorded in Q2 2024.

1 mins

Parents Cry Out as Private Schools Hike Fees Nationwide

Parents in Enugu, Lagos, Abuja, and Port Harcourt are raising alarm over steep tuition hikes by private and faith-based schools, with fees rising by as much as 50% this new academic session.

1 mins

14 Banks Scale CBN Capital Test

Fourteen Nigerian banks have already met the Central Bank of Nigeria's (CBN) new capital requirements, marking a major step in the ongoing recapitalisation exercise.

1 mins

Tüm Hikayeleri Oku The Business NG

The Business NG Description:

Yayımcı: Tuns-Media-&-Comm-Enterprise

Kategori: Newspaper

Dil: English

Sıklık: Weekly

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level