Business

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

Jaiz Bank eyes N34bn gross earnings in Q4 2025

Jaiz Bank Plc is projecting a profit after tax of N8.6 billion for the fourth quarter of 2025, slightly lower than the N8.9 billion earlier forecast f

Zenith Bank’s gross earnings hit N2.5trn in H1 2025

Zenith Bank Plc has released its Group financial results for the half year ending June 2025, posting an impressive profit before tax of N625.629 billi

External reserves hit $42bn amidst rise in hydrocarbon revenue

Nigeria’s gross external reserves hit $42 billion last week, the highest level seen since September 2019 with analysts attributing the boost to inflow

Prof Uwaleke joins Daily Trust Board of Economists

Renowned economist and Nigeria’s first professor of capital markets, Prof. Uche Uwaleke, has joined Daily Trust Board of Economists as a member. The D

Investment in R&D will push up Nigeria’s GDP – FG

Increased investment in research and development (R and D) will further push up Nigeria’s Gross Domestic Product (GDP), the Federal Ministry of Innova