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The amount paid by top Nigerian banks to these two government institutions has increased by 34% within one year, and now account for 24% of profit before tax.
Zenith Bank has led about eight other Nigerian banks as the most profitable in the first quarter of 2025, earning a whopping N1.83 trillion in profit before tax.
The World Bank’s Global Findex 2025 has revealed that more adults across developing economies, including Nigeria, saved money formally than ...
Five among Nigeria’s top 10 banks reported combined record pre- tax profits of N4.6trn, a 70% in- crease from the previous ...
Amid macro-economic challenges and competition with Fintechs, 10 Nigerian banks operating in the country, Sub-Sahara Africa countries (SSA) and other parts of the world granted N65.6 trillion ...
CBN has released new rules to guide commercial banks on ensuring consistency and uniformity in credit reporting, in a move ...
President of Dangote Industries Limited, Aliko Dangote, has called on wealthy Nigerians to invest in Nigeria, adding that it ...
Household debt in Nigeria has risen to $38.7 billion at the end of the first quarter of 2025, The latest figure is the ...
Lack of access to single-digit financing for farmers in Nigeria remains a significant barrier to farm productivity.
ABUJA, Nigeria — A suicide bomber in Nigeria’s northeastern state of Borno killed at least 10 people and injured several others in an explosion in a restaurant, police said Saturday. The blast ...
Nigeria 's gross domestic product (GDP) grew by 3.4% in 2024, the World Bank said in a new report published Monday. That's the highest rate of growth since 2014, excluding the 2021-2022 COVID-19 ...