
Afreximbank Disburses $18.7 Billion to Boost African Trade and Industrialization
Afreximbank disbursed $18.7 billion in 2024 to support African trade, with leaders at its 32nd AGM in Abuja urging stronger institutions

Afreximbank disbursed $18.7 billion in 2024 to support African trade, with leaders at its 32nd AGM in Abuja urging stronger institutions

Dangote Cement shareholders approve N30 dividend per share for FY 2024, totaling N506bn payout. Company posts N209bn Q1 profit

Nigerian Ports Authority sets a N1.28 trillion revenue target for 2025, led by ship dues and infrastructure upgrades, aiming for 40% growth

Banks clear 95% of ₦180bn USSD debt, allowing telecoms to implement end-user billing. Customers will now pay 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

Access Holdings, Zenith Bank, and First Bank may halt dividend payments until 2028, following a CBN directive aimed at strengthening capital

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.

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

Despite leading the world in cassava production, Nigeria still struggles to meet industrial demand due to massive household consumption of garri and fufu.

CBN and NIBSS launch the NRBVN platform, allowing Nigerians abroad to obtain BVNs remotely and boosting diaspora remittances
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