The president of Dangote Group, Aliko Dangote, has announced plans to introduce an unprecedented dividend structure for his $20 billion […]
Category: Economy
FCMB seals N160bn offer, nears N500bn capital target
FCMB Group Plc has announced the successful completion of its N160 billion public offer, positioning the financial holding company to meet […]
CBN grants licenses to 82 BDCs
The Central Bank of Nigeria (CBN) has granted final licenses to 82 Bureau De Change (BDCs) operators to operate with […]
Nigeria’s World Bank debt to hit $9.65bn
World Bank loans to Nigeria between 2023 and 2025 are projected to reach $9.65bn by the end of this year […]
Afreximbank seeks digital innovation to unlock Nigeria’s trade potential
The African Export-Import Bank (Afreximbank) says digital transformation is critical to unlocking trade and investment potential under the African Continental […]
CBN removes cash deposit limits, raises weekly withdrawal threshold
The Central Bank of Nigeria (CBN) has removed cash deposit limits and also increased the weekly cash withdrawal limit from […]
Nigeria’s GDP grew by 3.98% in Q3 2025 – NBS
The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.98 per […]
Nigeria’s public debt stock hits N152.39trn in Q2 2025 – NBS
Nigeria’s public debt stock increased from N149.38 trillion (97.23 billion dollars) in the first quarter of 2025 to N152.39 trillion […]
Bitcoin extends monthly decline, drops below $87,000
Bitcoin dropped below $90,000 on Monday, December 1, 2025, extending losses after its steepest monthly decline since the 2021 cryptocurrency […]
NGX closes week bearish as investors lose N129bn
The Nigerian Exchange Limited (NGX) All-Share Index fell by 0.14 per cent to 143,520.53, while market capitalisation closed at N91.286 […]