Economy
Itana and AFC Partner to Develop $100 Million Africa’s First Digital Economic Zone
Itana, Nigeria’s first licensed digital economic zone management company, is receiving support from Africa Finance Corporation (AFC) to develop Africa’s...
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Bayelsa State Partners with Bank of Industry to Provide N4 Billion Loan to Support Businesses Facing Funding Gaps
The Bayelsa State Government has teamed up with the Bank of Industry (BoI) to launch a N4 billion loan scheme...
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World Bank Approves $1.57 Billion Loan to Nigeria for Key Development Projects
The World Bank has announced the approval of an additional loan of $1.57 billion to the Nigerian government to finance...
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Nigeria Must Boost Production Capacity to Reach $1 Trillion Economy by 2026, Says BoI
The Bank of Industry (BoI) has highlighted the need for Nigeria to significantly enhance its production capacity to achieve a...
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Federal Government Reaffirms Commitment to Boosting MSMEs with Tax Incentive
The Federal Government of Nigeria has pledged continued support for micro, small, and medium enterprises (MSMEs) by providing tax incentives...
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CBN Announces Collaboration with Microfinance Banks (MFBs) to Boost financial inclusion and Support the Growth of Micro, Small, and Medium Enterprises (MSMEs)
The Central Bank of Nigeria (CBN) has announced its collaboration with Microfinance Banks (MFBs) to boost financial inclusion and support...
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IMF Approves $210 Million Credit Facility for Liberia to Boost Economic Reforms
The International Monetary Fund (IMF) has approved a 40-month Extended Credit Facility (ECF) for Liberia, valued at SDR155 million (approximately...
Read moreCBN Extends Suspension of Cash Deposit Processing Fees Until March 2025
The Central Bank of Nigeria (CBN) has extended the suspension of cash deposit processing fees to March 31, 2025. The...
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Globacom Partners with Oyo State to Enhance Tertiary Education through Digital Solutions
Digital Solutions Company Globacom is set to partner with Oyo State to integrate its digital offerings into the state’s tertiary...
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Nigeria to cut Transportation Fares by 40% with Compressed Natural Gas Initiative
The Federal Government of Nigeria has unveiled a plan to cut transportation costs by over 40% through the expansion of...
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