Economy
Wema Bank Secures $50 Million Facility from ECOWAS For SME Growth
Wema Bank has recently inked a significant facility of $50 million with the ECOWAS Bank for Investment and Development (EBID)...
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Union Bank of Nigeria Partners BFREE to Revitalize Distressed Loan Portfolios
Union Bank of Nigeria and BFREE, a cutting-edge German-Nigerian FinTech firm, have solidified a memorandum of understanding (MOU) aimed at...
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First Lady, Remi Tinubu Launches Renewed Hope MSME Program, Provides Loans for Entrepreneurs
First Lady Remi Tinubu spearheaded the launch of the rebranded Government Enterprise and Empowerment Programme (GEEP), now named the Renewed...
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House of Rep Urges Immediate Implementation of N550 Billion Presidential Palliative for MSMEs
The House of Representatives is urging the quick implementation of the N550 billion presidential palliative fund, designated to mitigate the...
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MSME Growth Will Reduce Poverty, and Aid Economic Transformation -NACCIMA
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) highlighted the pivotal role of stimulating Micro, Small,...
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Goldman Sachs Forecasts 2.6% Strong Rise in Global Economic Growth for 2024
Goldman Sachs, a leading multinational investment bank, anticipates that the global economy will surpass expectations in 2024, mirroring the impressive...
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Shettima Lauds Access Bank For Its N30bn loans offers to MSMEs
The Vice President, Kashim Shettima, has commended Access Bank for offering N30 billion discounted loans to 700,000 Micro Small and...
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AFWL launches UK Africa Trade Expo for MSMEs Growth
Africa Fashion Week London 2023 marked a groundbreaking moment for Medium, Small, and Micro Enterprises (MSMEs), especially those led by...
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Germany Grants €81 Million to Boost West Africa’s Security, Infrastructure, and Climate Resilience
Germany has pledged €81 million to the Economic Community of West African States (ECOWAS) in a bid to tackle security...
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AfDB Commits $4.4 Billion to Boost Nigeria’s Economic Growth
The African Development Bank (AfDB) has demonstrated strong support for Nigeria's economic development with a substantial commitment of $4.4 billion....
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