Generated Sep 3, 06:00 WAT
The Association of Senior Civil Servants of Nigeria said Nigerians have seen no signs of economic growth based on gross domestic product figures released by the federal government. The comments highlight concerns about the strength and visibility of Nigeria’s economic expansion, which is relevant to the broader macroeconomic environment for equities.
The National Association of Polytechnic Students has urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority not to take action that could disrupt Dangote Petroleum Refinery operations. The group said any interruption could worsen economic hardship for students and other Nigerians.
Nigeria's manufacturing share of GDP declined quarter-on-quarter in Q2 2026 despite banks raising N4.65 trillion through recapitalisation. The report highlights concerns about limited affordable, long-term credit for industrial expansion.
Aliko Dangote says Federal Government reforms are supporting Nigeria’s economic recovery and restoring investor confidence. He describes the country as being on a path toward greater industrial and economic strength and reaffirms the Dangote Group’s support through continued investment in strategic sectors and job creation.
Fidelity Bank has launched an SME Hub in Kano and introduced free training programmes intended to support small businesses. The initiative includes nationwide training for 1,000 entrepreneurs and represents a business-development activity by the listed Nigerian bank.