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Nigeria’s economic crisis: A homegrown disaster, not an IMF plot!
14 hours ago · BusinessDay. November 13, 2024. Nigeria’s perennial economic woes have once again ignited a familiar chorus of blame, this time directed at the International Monetary Fund (IMF) and the World Bank. The recent economic turmoil, marked by skyrocketing inflation, currency devaluation, and soaring unemployment, has fueled a narrative that paints ...
BusinessDay Pro - Tracking Trends, Informing Decisions
What to watch: Four global financial services trends for 2025. As the financial services sector braces for 2025, several pivotal developments are set to reshape the global landscape. From regulatory shifts to payment innovations and climate finance standards. Chisom Michael | …
BusinessDay Pro - Tracking Trends, Informing Decisions
Aradel to pay N34.8 billion interim dividend less than a month after listing. In nine months in 2024, Aradel Holdings posted a net profit of N110.6 billion, marking a 477 percent year-on-year growth, from the N19.2 billion recorded in the corresponding period in 2023.
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Business News Nigeria | Daily Updates | Businessday.ng
Firm eyes slice of Nigeria’s $8bn e-commerce marketplace. Temitayo Jaiyeola Nov 08, 2024. Saleko has been launched to tap into Nigeria’s growing e-commerce market. According to Mordor Intelligence, Nigeria’s e-commerce market will be...
Export as Nigeria's economic game-changer - Businessday NG
Jul 6, 2024 · In the first quarter of 2024, Nigeria’s economy grew by 2.98 percent, a decline from the 3.46 percent growth recorded in Q4 2023 but an improvement from the 2.31% growth in Q1 2023. The non-oil sector, accounting for 94 percent of real GDP, remained the primary driver of economic activity. The oil and gas sector grew for the second ...
Nigeria’s fiscal deficit drops 29% to N2.82trn - Businessday NG
Aug 13, 2024 · Nigeria’s budget deficit has reduced by 29 percent from 2023 as the federal government eyes banks’ realised foreign exchange gains. BusinessDay analysis of the data from the latest quarterly statistical bulletin of the Central Bank of Nigeria (CBN) shows that the country’s fiscal deficit fell 29 percent to N2.83 trillion in the first quarter of 2024 from N3.96 trillion in the same period ...
25 Nigerian firms make FT 2024 Africa’s fastest growing list
May 14, 2024 · The Nigerian firms are Omniretail, Moniepoint, Afex Commodities Exchange Limited, Mycredit Investments Limited, Alpha Morgan Capital Managers Limited, Thrive Agric Limited, Bisedge Limited, The Seamless Company Limited, West African Soy Industries Limited, Sundry Markets Limited, Veritas Homes and Properties Limited and Paga Group Limited.
BusinessDay Pro - Tracking Trends, Informing Decisions
Aradel to pay N34.8 billion interim dividend less than a month after listing. In nine months in 2024, Aradel Holdings posted a net profit of N110.6 billion, marking a 477 percent year-on-year growth, from the N19.2 billion recorded in the corresponding period in 2023.