The World Bank has revealed that Nigeria’s economy grew at its fastest rate in almost 10 years in 2024, driven by strong performance in the fourth quarter and better management …
Nigerian Economy
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CBN Increases Treasury Bills Offer to N550bn as Investor Demand Drops by 29%
The Central Bank of Nigeria (CBN) has raised its total offer at the latest Treasury Bills Primary Market Auction to N550 billion, an increase from the N400 billion offered in …
- BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyEnergyInfrastructureNigeriaOil & GasTrade and CommerceWestern Africa
Dangote Refinery, Marketers Clash Over Local Fuel Supply Claims
The management of Dangote Petroleum Refinery has rejected claims made by oil marketers that the refinery cannot meet Nigeria’s local fuel demand. Officials of the refinery told our correspondent that …
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Stanbic IBTC Bank Wins 2025 Bank of the Year Customer Service Award
Stanbic IBTC Bank has been awarded the 2025 Bank of the Year Customer Service Award at the prestigious Industry Summit/Awards 6.0, which took place in Lagos. This recognition comes after …
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Rwanda’s Economy to Grow Slower in 2025 as Government Budget Increases by 20%
Rwanda’s Finance Minister, Yusuf Murangwa, has told the nation’s parliament that the country’s economy will grow at a slower pace in 2025 compared to last year. Presenting a draft budget …
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Ghana’s Cedi Strengthens as Nigeria’s Naira Holds Steady; Uganda and Zambia Currencies Show Mixed Trends
The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
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PwC Survey: Nigerian CEOs Battling Inflation but Remain Hopeful, Focus on AI and Sustainability
A new report by PricewaterhouseCoopers (PwC) has revealed that Nigerian Chief Executive Officers (CEOs) are facing significant pressure from inflation and economic instability, yet remain hopeful about the country’s future …
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MTN Nigeria Reports N133.7bn Profit in Q1 2025
MTN Nigeria Communications Plc has reported a profit after tax of N133.7 billion for the first quarter of 2025, recovering from a loss of N392.7 billion recorded in the same …
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How to Shield Your Business from Naira Volatility in 2025
Introduction In today’s interconnected global marketplace, businesses operating within Nigeria are increasingly susceptible to the unpredictable nature of international currency exchange rates. A particularly significant challenge for Nigerian enterprises is …
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Lesetja Kganyago Warns Against Populist Economic Promises in South Africa
The Governor of the South African Reserve Bank, Mr. Lesetja Kganyago, has spoken out against what he described as the rising influence of populist politicians in South Africa, warning that …