Zenith Bank remains the most profitable bank in Nigeria generating N795.96 billion profit before tax in 2023.
The World Bank says the pace of Africa's economic expansion remains below the growth rate of the previous decade.
Mounting petrol payment backlog poses a challenge to Nigeria's efforts to manage its strained finances, says a Reuters report.
Nigerian banks have been given 90 days to wind down dollar-denominated collaterals following CBN's prohibition for Naira loans.
Aviation Minister Keyamo says judges have been advised not to grant injunctions to detain aircraft on dry lease in Nigeria.
Nigeria's inflation reaching 31.7% in February 2024 necessitated the more aggressive response of the CBN to address inflationary pressures.
Afreximbank VP Kanayo Awani says Africa can boost its trade for a shared prosperity among countries within the continent.
Nigeria's Customs praised stakeholder cooperation and compliance for achieving revenue targets and facilitating smoother cargo clearance processes.
Dele Alake has advised mining companies to emulate the international best practices of Segilola gold project to develop the sector.
Afreximbank’s Net interest income reached $1.4 billion, total assets grew by 20.12% by the end of 2023 FY.