Economy
InfraCredit Secures UK Government-backed Investment, Strengthens Position for Infrastructure Financing in Nigeria
InfraCredit, a ‘AAA’-rated infrastructure credit guarantee institution, has successfully completed an equity investment round, bolstered by the UK Government-backed MOBILIST...
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Afreximbank Unveils $120 Million Trade Centre in Abuja to Strengthen Intra-African Commerce
The African Export-Import Bank has inaugurated a $120 million Africa Trade Centre in Abuja as part of a major drive...
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Nigeria to Exit FATF Grey List with New Digital Asset Law,Says SEC
The Securities and Exchange Commission (SEC) says Nigeria could soon be removed from the Financial Action Task Force (FATF) grey...
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OPEC Fund Approves Over $600 Million for Global Development Projects Across Africa, Asia, Latin America, and the Caribbean
The OPEC Fund for International Development has approved more than $600 million in new development financing to support infrastructure, private...
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EBID Approves €230m and $10m to Drive Growth and Development in West Africa
The ECOWAS Bank for Investment and Development (EBID) has announced the approval of a combined €230 million and $10 million...
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Global Trade Tensions Rattle SMEs as U.S. Tariff Stance Fuels Market Chaos
Small and medium-sized enterprises around the world are increasingly bearing the brunt of escalating trade tensions as the United States,...
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FG Opens April FGN Savings Bond Offer with 17% Interest to Attract Retail Investors
The Debt Management Office (DMO) has announced the opening of the April 2025 issuance of the Federal Government of Nigeria...
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Sweden Sets to Open Largest Innovation Hub in Africa, Strengthening Ties with Nigeria
Sweden has announced the launch of its largest innovation hub in Africa, situated in Lagos State, Nigeria. The announcement was...
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CBN Moves to Shield FX Market from US tarrifs Impact, Sells $197m to Banks
In a statement on Saturday, signed by Omolara Duke, CBN’s director of financial markets, the regulator the sale was made...
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World Bank Approves $632 Million New Loans for Nigeria
The World Bank has approved fresh loans totaling $632 million for Nigeria on Monday, adding to growing concerns about the...
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