Abuja, Nigeria’s capital city, is known mainly as the seat of government, where the country’s major political institutions are located. It is not a commercial or industrial hub like Lagos …
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Finance Minister Wale Edun Says Capital Market Key to $1 Trillion Nigerian Economy
The Minister of Finance, Mr. Wale Edun, has said Nigeria’s capital market will play a major role in helping the country achieve its goal of becoming a one-trillion-dollar economy. Edun …
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Fidelity Bank, SMEDAN Join Hands to Boost Small Business Growth Across Africa
Fidelity Bank Plc has entered into a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to support the growth of Micro, Small, and Medium Enterprises …
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South Africa’s Rand Steady Ahead of Budget Speech and Ramaphosa-Trump Meeting
South Africa’s rand held steady on Tuesday as investors waited for key events later in the week, including the national budget speech and a meeting between President Cyril Ramaphosa and …
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CBN Denies Report of Distress in Nigerian Bank, Says Banking System Is Safe
The Central Bank of Nigeria (CBN) has denied social media and online reports suggesting that one of the banks under its regulation is facing distress. In a statement released on …
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Nigerian Stock Market Starts Week With N8bn Dip Despite Higher Trading Volume
The Nigerian Stock Exchange (NGX) opened the new trading week on a slightly negative note, shedding ₦8 billion in market value on Monday, May 20, 2025, despite improvements in trading …
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Nigeria’s Brewery Sector Records N1.9tn Revenue in 2024, Signals Recovery Despite High Costs – Afrinvest
Nigeria’s brewery industry bounced back in 2024 with a remarkable 71.8 per cent year-on-year rise in revenue, hitting ₦1.9 trillion. This performance exceeded the earlier forecast of 39.2 per cent …
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Neimeth Grows Q1 2025 Profit by 49%, Eyes Return to Dividend Payments
Neimeth International Pharmaceuticals Plc has recorded a 49 per cent rise in profit after tax in the first quarter of 2025, showing a promising turnaround for the company as it …
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Finance Minister Wale Edun Launches New SEC Website to Boost Capital Market Transparency and Participation
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has officially launched a redesigned website for the Securities and Exchange Commission (SEC), marking a major step in …
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Gen Z vs Millennials: What’s Shaping Their Spending and Living Habits
The lines between Millennials and Gen Z often blur in memes and marketing campaigns—but when it comes to how they spend, save, live, and plan for the future, the differences …