Economy
Nigeria Joins EBRD, Unlocking New International Funding for SMEs and Private Sector Growth
Nigeria has officially become a member of the European Bank for Reconstruction and Development (EBRD), marking a pivotal step in...
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AfDB, Development Bank Launch $610 Million Plan to Tackle Climate Fragility in Africa
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have unveiled a joint $610 million initiative aimed at...
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World Bank Criticizes NNPCL for Withholding Half of Fuel Subsidy Savings Despite Increased Government Revenue
The World Bank has raised concerns over the Nigerian National Petroleum Company Limited (NNPCL) for remitting only 50 percent of...
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Edun Urges Finance Ministry to Drive Reforms Toward 7% Economic Growth
Nigeria’s Coordinating Minister of the Economy and Minister of Finance, Wale Edun, has challenged the leadership of the Federal Ministry...
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Nigeria First’ Policy, Long Awaited Relief to Manufacturers —MAN
The Manufacturers Association of Nigeria (MAN) has described the federal government’s ‘Nigeria First’ policy directive as a long-awaited relief to...
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FG Bans MDA’s for Locally Available Goods to Boost Naira, Economy
President Bola Tinubu has ordered all Ministries, Departments, and Agencies (MDAs) to immediately stop procuring foreign goods and services that...
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Naira Depreciates at Official Market, Ends Week on a Negative Note
The Naira closed the week with a significant drop against the US Dollar at the official foreign exchange market on...
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Salad Africa Partners with Glovo to Launch Innovative SME Financing Program in Nigeria, Provide Up to N100 Million Loan For SMEs
Salad Africa, a rising fintech company specializing in embedded lending infrastructure, has announced a strategic partnership with Glovo, a leading...
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FIRS Directs Banks to Close Unauthorized Tax Collection Accounts
The Federal Inland Revenue Service (FIRS) has ordered all banks in Nigeria to immediately identify and close any tax and...
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Lagos Govt to Launch Water Taxis Before End of 2025, Begins Dredging of Routes
The Lagos State Government is set to introduce water taxis before the end of 2025 as part of its efforts...
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