Access Holdings, UBA, Ecobank, Six Other Banks Report N186.3 Trillion in Total Assets for 2024, Reflecting 53% Growth from 2023
Nine Nigerian banks have reported N186.3 trillion total assets in 2024, marking a 53% growth from 2023 results.
Nine Nigerian banks have reported N186.3 trillion total assets in 2024, marking a 53% growth from 2023 results.
IMF has lauded Nigeria’s economic reforms, but warned that inflation, oil prices and insecurity could threaten outlook.
Air Peace has suspended flights to Enugu due to runway safety concerns, redirecting operations temporarily to Asaba Airport instead.
FG launches BisonFly project to reduce air travel costs across Ministries, Departments, and Agencies (MDAs) using technology-driven system.
Umar Sadiq has revealed the NSIA has committed $10.33 billion to economic development, supporting jobs, infrastructure, housing, and youth empowerment.
Dangote Refinery has announced its second petrol price cut in a week, with gantry price now at N835 per litre
Access Holdings has revealed that it recorded 88% growth in gross earnings, rising from N2.594trn in 2023 to N4.878trn in 2024.
CBN has granted a finance company licence to Ascensia, warning it could be revoked over regulatory breaches, false claims.
Nigeria’s recent GDP growth of 3.4 per cent, the strongest since 2014, has earned commendation from the World Bank.
NMDPRA’s Ahmed has blamed global crude price slump on US President Trump’s aggressive and inconsistent tariff policies since taking office.
Boeing shares fall as China halts jet deliveries, escalating trade tensions between the world’s two largest economies
Nigeria has signed Bilateral Air Services Agreement with Trinidad and Tobago to enhance air connectivity between West Africa and the Caribbean.
CBN has emphasised the importance of bank recapitalisation to fund Nigeria’s goal of achieving a $1 trillion economy by 2030.
AVCA report reveals Africa secured 487 VC deals worth $3.6 billion in 2024, with Nigeria maintaining continental lead.
CBN urges local manufacturers and exporters to explore financing options from government agencies to ease pressure on the naira.
CBN has reaffirmed commitment to SME growth, citing the sector as key to Nigeria’s economic advancement and global recognition.
A major system malfunction affected several Nigerian banks, leading to unauthorised withdrawals totalling over N4 billion.
Oando has reported that three sabotage attacks hit its pipelines in Bayelsa, deploys emergency response and investigation teams.
Fitch has upgraded Nigeria’s credit rating to ‘B’, citing policy reforms, forex market stabilisation, and inflation control.
Nigeria and Japan have signed a $30.9m MoU to fund innovation hubs and invest in social problem-solving start-ups.
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