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Category: Finance

Zenith Bank’s Gross Earnings Hit N2.5 Trillion In H1 2025, Declares N1.25 Interim Dividend
BusinessFinanceNews

Zenith Bank’s Gross Earnings Hit N2.5 Trillion In H1 2025, Declares N1.25 Interim Dividend

NEWS BAR NGSeptember 19, 2025

Zenith Bank Plc has released its Group financial results for the half year ending June 2025, posting an impressive profit…

FAAC Disburses N2.225tn to FG, States, LGs as Federation Account Grosses N3.635tn
FinanceNews

FAAC Disburses N2.225tn to FG, States, LGs as Federation Account Grosses N3.635tn

NEWS BAR NGSeptember 18, 2025September 18, 2025

The Federation Account Allocation Committee (FAAC), Wednesday shared a total sum of N2.225 trillion to the three tiers of government…

DG Budget: 2025 Budget Implementation to Commence September
FinanceNews

DG Budget: 2025 Budget Implementation to Commence September

NEWS BAR NGSeptember 12, 2025

Director-General, Budget Office of the Federation (BoF), Mr. Tanimu Yakubu, yesterday hinted that the implementation of the 2025 budget will…

Cardoso: CBN Committed to Economic Stability, Stronger Banks, More Investment Inflows
FinanceNews

Cardoso: CBN Committed to Economic Stability, Stronger Banks, More Investment Inflows

NEWS BAR NGSeptember 8, 2025

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reaffirmed the apex bank’s commitment to driving…

IFC Lauds FG’s Economic Reforms, IMF Calls for Marshall Plan for Power Sector
FinanceNews

IFC Lauds FG’s Economic Reforms, IMF Calls for Marshall Plan for Power Sector

NEWS BAR NGAugust 27, 2025

International Monetary Fund (IMF) and International Finance Corporation (IFC) have stated that the President Bola Tinubu administration has done a…

FAAC Reconciliation: NNPC, FIRS, Others Remit N1.49 Trillion Arrears to Federation in Six Months
FinanceNews

FAAC Reconciliation: NNPC, FIRS, Others Remit N1.49 Trillion Arrears to Federation in Six Months

NEWS BAR NGAugust 25, 2025

Nigeria’s Federation Account received a major inflow of N1.49 trillion in the first half of 2025 from arrears reconciled and…

CBN Hits 4-year High External Reserves of $41.05bn, Targets $100bn
FinanceNews

CBN Hits 4-year High External Reserves of $41.05bn, Targets $100bn

NEWS BAR NGAugust 22, 2025

In the one of the most cheering news from Nigeria in recent times, the country’s gross Foreign Exchange Reserves increased…

Ecobank’s Biggest Shareholder, S’Africa’sNedbank, Set to Sell Stake in Major Reset
BusinessFinanceNews

Ecobank’s Biggest Shareholder, S’Africa’sNedbank, Set to Sell Stake in Major Reset

NEWS BAR NGAugust 6, 2025

South Africa’s Nedbank Group Limited, the biggest shareholder in Ecobank, has announced that it plans to sell its 21.2 per…

IMF Upgrades Nigeria’s 2025 Growth Outlook to 3.4%, 3.2% for 2026
FinanceNews

IMF Upgrades Nigeria’s 2025 Growth Outlook to 3.4%, 3.2% for 2026

NEWS BAR NGJuly 30, 2025July 30, 2025

The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast upward, projecting a Gross Domestic Product (GDP) growth of…

E-Payment Transactions Rise 17.7% to N284.99 Trillion in Q1 2025
FinanceNews

E-Payment Transactions Rise 17.7% to N284.99 Trillion in Q1 2025

NEWS BAR NGJuly 29, 2025July 29, 2025

Electronic payment transactions in Nigeria surged to N284.99 trillion in the first quarter (Q1) of 2025, representing a 17.7 per…

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