ATM transactions rise 208% to N89trn
By Elizabeth Adegbesan The value of Automated Teller Machines (ATM) transactions grew sharply by 208.4 percent year-on-year (YoY) to N89.12 trillion in 2025 from N29.12 trillion in 2024. The Central Bank of Nigeria, CBN, disclosed this in its 2025 Annual Report noting that the increase in ATM transactions reflects user preferences, adoption of digital channels, […]
Oil prices jump on Nigeria supply worries
Oil prices rose solidly on Thursday for a second day running amid worries about curtailed supplies from Nigeria and more signs of strength in the US economy.
Rice, fish policy: We will withdraw our services if …
The Maritime Workers Union of Nigeria, MWUN, has threatened to ground port operations nationwide by withdrawing its members from work should the federal government continue with its policies that are adversely affecting the maritime industry.
SON, other stakeholders approve Dangote 3X cement
STANDARDS Organisation of Nigeria has approved Dangote 3X latest brand of Portland cement, saying it meet the requirements for constructing residential and commercial homes.
Nigeria targets 500,000 tonnes of cocoa in next 10 years
The Federal Produce Inspection Service (FPIS) on Tuesday said that Nigeria planned to increase cocoa production to 500,000 tonnes in the next 10 years. A First Chief Control Officer of the service, Mr Israel Ikwejulor, made this known in Lagos.
NEDEP, NIRP will reduce SMEs mortality rates – NACCIMA
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for implementation of the National Enterprise Development Programme (NEDEP) and the Nigerian Industrial Revolution Programme (NIRP) stating that both programmes will reduce drastically the mortality rates of small and medium sized businesses in the country.
