Business

All the recent business news in Nigeria, economy and industry updates.

Q3: Fidelity Bank reports 172% growth in pre-tax profit

Fidelity Bank reported its 2023 Q3 results showing pre-tax profits grew by 172.60% year on year, reaching N34.658 billion.  This took the nine-month p

Naira strengthens to 815/$ at official market

The naira strengthened to N815/$ at the Nigerian Autonomous Foreign Exchange Market( NAFEM) 24 hours after  the exchange rate fell to the lowest level

Jaiz Bank grosses N10.7bn in Q3

Jaiz Bank Plc has  recorded gross earnings of N10.76 billion in Q3 2023, up by 31.59% year-on-year from the N8.17 billion recorded in Q3 2022. The ban

Kaduna lauds Arla foods on investment in dairy sector

The Kaduna State Government has commended the management of Arla Foods Nigeria for its huge investment on the Arla Farm project which would contribute

Zenith Bank records triple-digit topline of N1.33trn in Q3

Zenith Bank Plc, yesterday, announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth