Nigeria Business Now

Business News in Nigeria

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11 hours ago
6 Nigerian banks post N3trn profit despite customers complaints, challenges
5 days ago
FG raises N1.09trn through Sukuk, targets N300bn new offer
7 days ago
FirstBank files appeal
1 week ago
Equity market rises by 0.04% as investors gain N26bn
1 week ago
Fidelity Bank Equips Entrepreneurs for Global Trade Success with EMP 18
  • Business

    6 Nigerian banks post N3trn profit despite customers complaints, challenges

        Six banks in the country have posted N3.41 trillion as Profit After Tax (PAT) for the year 2024 ended as against the N2.1 trillion recorded in the 2023 financial year. This is despite diverse transaction and service complaints, dissatisfaction among customers and the challenging economic situation of the[Read More…]

  • News

    FG raises N1.09trn through Sukuk, targets N300bn new offer

      The Federal Government has been able to raise a total of N1.09 trillion through the Sovereign Sukuk since 2017, to support infrastructure development. The Director-General of the Debt Management Office (DMO), Patience Oniha, who gave the information on Wednesday in Lagos, during “an all parties meeting” for the issuance[Read More…]

  • Business

    FirstBank files appeal

    Injunction and stay of execution  Cargo remains under arrest  In a surprising twist of events, its decision delivered today, the Federal High Court in a surprising shift from the true nature of FirstBank ’s claim held that the matter is not a maritime claim but rather, a simple case of[Read More…]

  • Business

    Equity market rises by 0.04% as investors gain N26bn

      The stock market continued on a positive trend, with investors gaining N26 billion and performance indices rising by 0.04 per cent on Tuesday.   Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.04 per cent to N66.214 trillion from an opening of N66.188 trillion recorded on Monday.[Read More…]

  • Business

    Fidelity Bank Equips Entrepreneurs for Global Trade Success with EMP 18

      Tier-one lender, Fidelity Bank Plc, has once again highlighted the importance of promoting non-oil exports as it recently hosted the 18th edition of its dedicated capacity development training tagged Export Management Programme (EMP 18). The programme, which was held recently in Lagos provided a platform for entrepreneurs interested in[Read More…]

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