Economy
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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ExxonMobil Invests $10 Billion in Nigerian Oil Projects to Boost African Oil Production to 180,000 bpd
ExxonMobil is set to invest $10 billion in deep-water oil projects in Nigeria, Africa's largest oil-producing country, with an expected...
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Women-Led Businesses Get Boost as Stakeholders Seek End to Funding Barriers
At the second Gender Impact Investment Summit, held in Lagos, stakeholders called for the removal of barriers preventing women-led businesses...
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FG Raises NYSC Monthly Allowance to N77,000, Effective July 2024
The Federal Government has officially increased the monthly allowance for National Youth Service Corps (NYSC) members to ₦77,000, effective from...
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ECOWAS Approves $15 Billion For Lagos-Abidjan Corridor Highway Design
The Economic Community of West African States (ECOWAS) has approved the design for the $15 billion Lagos-Abidjan corridor highway development...
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