Business
Abuja Introduces 40% Fare Cut for CNG Taxis to Ease Transport Costs
In a bid to cushion the economic impact of fuel subsidy removal, the Presidential Compressed Natural Gas Initiative (PCNGI) has...
Read more
BoI Disburses N2.25 Billion to Over 16,000 MSMEs in Gombe Under Federal Loan Scheme
The Bank of Industry (BoI) has disbursed N2.25 billion to support 16,696 Micro, Small, and Medium Enterprises (MSMEs) in Gombe...
Read more
Ogun Invests $400m in Industrial Free Zone, Targets 40,000 Jobs and Export Growth
In a bold move to strengthen internal revenue and industrial capacity, the Ogun State Government has invested \$400 million in...
Read more
Nigerian Govt to Begin Disbursement of YEIDEP Grants by July 2025, Targets Over 4.6 Million Youth Entrepreneurs
Hope is rising for millions of aspiring young Nigerian entrepreneurs as the Federal Government has announced July 2025 as the...
Read more
Nigeria Introduces $15 Daily Fine for Visa Overstay, Ends Visa on Arrival
The Nigerian government has completed the installation of Electronic Gates (E-Gates) at the Nnamdi Azikiwe International Airport in Abuja, marking...
Read more
Kenyan Banks Reject Central Bank New Loan Pricing Model
Kenya’s commercial banks have rejected a proposed loan pricing framework by the Central Bank of Kenya (CBK), warning that it...
Read more
Sterling Bank’s OneWoman Initiative Partners with Goldman Sachs and IFC to Empower 2,500 Female Entrepreneurs
Sterling Bank is deepening its commitment to women’s economic empowerment through its OneWoman initiative, which is providing 2,500 female entrepreneurs...
Read more
CBN Licences Finance Company to Boost MSME Lending in Nigeria
The Central Bank of Nigeria has officially licensed Preferred Finance Company Limited to operate as a finance company, tasking it...
Read more
AfDB Commits $650Million Annually to Drive Nigeria’s Growth, Targets Infrastructure, Jobs, and Green Economy
The African Development Bank Group has approved a new five-year Country Strategy Paper for Nigeria, pledging an annual commitment of...
Read more
NIMC to Increase NIN Modification, other Service Fees from May 2, 2025
The National Identity Management Commission (NIMC) has announced plans to increase fees for all its products and services, which include...
Read more