Economy

What the 4.07% GDP growth in Q4 2025 means for the Nigerian economy

Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has welcomed new data from the National Bureau…

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LOTUS bank, Heckerbella unveil smart identity, digital payment card in UNILAG

LOTUS bank, in strategic partnership with Heckerbella, has launched the Smart ID Project at the University of Lagos (UNILAG), introducing…

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Abdul Samad Rabiu to get N324.3bn dividends after BUA Cement’s record profit

Nigeria’s second richest man, Abdul Samad Rabiu, will get a total of N324.38 billion in final dividends from the country’s…

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Dangote Cement signs $1bn deal with China’s Sinoma to drive expansion plans

Dangote Cement Plc has signed an agreement with China’s Sinoma International Engineering for the construction of new plants across Africa,…

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Nigerian banks gain dollar buffers on rising FX reserves

A sharp rise in foreign-currency liquidity across Nigeria’s banking sector is reducing the risk around about $1.7 billion of Eurobonds…

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BUA Cement profit up 382% to N356bn, declares N10 dividend

BUA Cement Plc reported a profit after tax of N356.04 billion in 2025, up 381.7 percent from N73.91 billion in…

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Oil sector growth drives Nigeria’s GDP by 4.07% in Q4

Nigeria’s real GDP grew by 4.07 percent in the fourth quarter of 2025, driven by an increase in the average…

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Sunbeth goes big with N100bn Commercial Papers move 

Sunbeth Global Concepts Limited is currently looking for up to N100 billion through the issuance of Series 1, 2 &…

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Inside Lagos’ informal tax system

Nigeria works to collect more taxes and raise money for government projects, and the informal sector, which makes up more…

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TotalEnergies transfer OLO Oilfield host community obligation to Aradel

…says HCDT has enabled completion of 100 project in 2years In pursuit of the Petroleum Industry Act (PIA), TotalEnergies has…

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