Nov 25, 2024 · By Adedapo Adesanya Nigeria's economy, measured by Gross Domestic Product (GDP), grew by 3.46 per cent in real terms in the third quarter of 2024, according to the National Bureau of Statistics (NBS). This growth rate is higher than the 2.54 per cent recorded in the third quarter of 2023 and higher than the second

Oct 22, 2024 · By Adedapo Adesanya The International Monetary Fund (IMF) has predicted that growth in Nigeria will remain unchanged at 2.9 per cent this year and 3.2 per cent in 2025 due to weaker-than-expected activity in the first half of the year. This is as the wider Sub-Saharan Africa (SSA), which includes Nigeria, will remain

Dec 12, 2024 · By Dipo Olowookere To tackle the critical cash flow challenges faced by Small and Medium Enterprises (SMEs) across Africa, investors like P2Vest, Norrsken Accelerator, Afrinovation Ventures, Kaleo Ventures, and 54 Collective (formerly known as Founders Factory Africa), have invested about $1.6 million into Billboxx.

Dec 31, 2024 · By Dipo Olowookere Banking operations at the branches of most financial institutions in Nigeria will end earlier than expected today, Tuesday, December 31, 2024. The majority of them have sent messages to their customers to inform them of this development. Business Post sighted some of these notices sent by the banks

Dec 30, 2024 · By Dipo Olowookere About N147.5 billion has been raised by the First City Monument Bank (FCMB) Group Plc from a public offer, recording a 33 per cent oversubscription, a statement from the financial institution has confirmed. This disclosure disclosed that the exercise attracted about 42,800 investors, with 92 per cent

Oct 23, 2024 · By Adedapo Adesanya The International Monetary Fund (IMF) expects Nigeria's inflation to steady at 25 per cent in 2025 and moderate to 14 per cent by 2029. Inflation in Nigeria slightly moved up to 32.70 per cent in September 2024, far beyond the 21.4 per cent target pursued by the Central Bank of Nigeria (CBN).

Dec 27, 2024 · By Adedapo Adesanya Relatively unknown Nigerian telecommunication company, Mafab Communications, after multiple delays, will now commence operations before the end of the first quarter of 2025. As per TechCabal, the company which secured a 5G licence alongside MTN Nigeria Plc in December 2021, will start rolling out

Dec 27, 2024 · By Modupe Gbadeyanka Stanbic IBTC Bank has solidified its position as the leading bank for capital importation in Nigeria, capturing an impressive 28.30 per cent of total foreign capital inflows in the first nine months of 2024, according to data from the Central Bank of Nigeria (CBN). The central bank said the

Oct 23, 2024 · By Adedapo Adesanya President Bola Tinubu has removed Mrs Doris Uzoka-Anite as the Minister of Industry, Trade, and Investment and has replaced her with his Special Adviser on Presidential Enabling Business Environment Council (PEBEC) and Investment, Mrs Jumoke Oduwole. Mrs Uzoka-Anite, who had been in charge of the

business news, Best Financial News, Stock Market, business, business posts, my google business, business cards, google new, google my business, breaking news