Economy

TAJBank partners AIFC to enhance non-interest banking, agric exports

  TAJBank Nigeria has forged a strategic partnership with Astana International Financial Centre (AIFC) Kazakhstan, aimed at promoting non-interest banking, boosting Nigeria’s merchandize trade with Asian countries, and improving the...

Dangote promises to refund customers who buy petrol above market price from key partners

Dangote Petroleum Refinery & Petrochemicals has launched an initiative to refund customers who purchase Premium Motor Spirit (PMS) above advertised rates from its key...

Dangote Cement hit N503 billion net profit in 2024 

Dangote Cement posted a net profit of N503.2 billion in the 2024 financial year. It marks a 10 percent growth from the N455.6 billion...

Invest in Africa 2025 summit to boost investment in real estate, lure in foreign capital

Top property management companies, Nedcomoaks Group and UK-based Citadel Estates & Utilities are looking to bridge global capital and lure them into Africa with...

PoS revolution: How traders, shop owners are sidestepping banks

…Add PoS to their business …No longer deposit money with banks …As many more Nigerians shun banking halls, ATMsCONTINUE READING ON BUSINESSDAY.NG

Five ways Nigeria’s GDP can grow beyond 3% threshold in 2025

Nigeria’s GDP – gross domestic product output – grew again in the face of macroeconomic shocks with an overall annual gross domestic product output...

NGX Group declares highest dividend in its history as FY profit surges to N13.6bn

Nigerian Exchange Group Plc (NGX Group) has released its audited financial results for the year ended December 31, 2024. It delivered a record-breaking profit before...

Nigeria’s poorly performing sub-sectors keep millions in poverty, NBS Q4 data shows

No gain without pain, as the saying goes. The Renewed Hope economic reforms have driven Nigeria’s highest GDP growth since the post-COVID era—3.84 percent...

MTN Nigeria stock price hit as naira devaluation inflcits another loss

The Nigerian unit of MTN Group Ltd fell the most in 10 months in Lagos before recovering, as investors reacted to a second year...

Over 800,000 MSMEs to benefit as Wema Bank, SMEDAN sign MoU

More than 800,000 Micro, Small, and Medium Enterprises (MSMEs) are to benefit as Wema Bank, and Small and Medium Enterprise Development Agency of Nigeria...

Nigeria’s stocks value rises by N2.5bn in February

The value of Nigeria’s listed equities rose by about N2.5billion in the month of February despite mixed trading sessions of bargain hunting and profit...