Business
Dangote Cement Declares N30 Dividend for 2024
Dangote Cement shareholders approve N30 dividend per share for FY 2024, totaling N506bn payout. Company posts N209bn Q1 profit
25 June 2025
Business
Business
Nigerian Ports Authority Targets N1.28 Trillion Revenue in 2025
Nigerian Ports Authority sets a N1.28 trillion revenue target for 2025, led by ship dues and infrastructure upgrades, aiming for 40% growth
24 June 2025
Business
Banks Clear 95% of USSD Debt as Nigeria Moves to End-User Billing
Banks clear 95% of ₦180bn USSD debt, allowing telecoms to implement end-user billing. Customers will now pay USSD charges via airtime
20 June 2025
Business
GTBank Begins N6.98 USSD Charges Via Airtime
GTBank has started charging the ₦6.98 USSD fee from customers’ airtime instead of their bank accounts, following NCC and CBN directives
18 June 2025
Business
Access, Zenith, First Bank May Halt Dividends Until 2028 — Report
Access Holdings, Zenith Bank, and First Bank may halt dividend payments until 2028, following a CBN directive aimed at strengthening capital
17 June 2025
Business
China Grants Nigeria and 52 African Countries Full Duty-Free Market
China will now offer Nigeria and 52 other African nations zero-tariff access to its consumer market. The new policy boosts trade ties as US-Africa relations face uncertainty.
13 June 2025
Business
Nigeria’s Total Exports Hit N20.6 Trillion in Q1 2025, Trade Surplus Rises 51% — NBS
Nigeria’s exports rose to N20.6 trillion in Q1 2025, with crude oil dominating trade. Trade surplus hits N5.17 trillion amid higher exports
12 June 2025
Business
Nigeria’s Cassava Industry Faces Consumption vs. Industrial Use Crisis
Despite leading the world in cassava production, Nigeria still struggles to meet industrial demand due to massive household consumption of garri and fufu.
9 June 2025
Business
CBN Launches NRBVN Platform to Boost Diaspora Banking
CBN and NIBSS launch the NRBVN platform, allowing Nigerians abroad to obtain BVNs remotely and boosting diaspora remittances
14 May 2025
Business
Naira Devaluation Fails to Deter Investors as NGX Billion-Dollar Club Swells to 11
Despite the naira’s devaluation, Nigeria now has 11 companies valued above $1 billion on the NGX, with more poised to join thanks to recapitalization and investor confidence.
13 May 2025
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