Barbara Bako, Abuja. The Development Bank of Nigeria (DBN) has unveiled a new initiative to expand financing for women owned businesses, alongside plans to reach more than two million micro, small and medium-sized enterprises (MSMEs) under its new five-year strategy.
Bamidele Dave Africa50, the specialist investor in African infrastructure, and NTPC Limited, India’s largest power utility, have signed a Cooperation Agreement to identify, assess and develop power-generation projects and cross-border electricity trading opportunities across Africa. The partnership will
Bamidele Dave The World Bank Group has launched its first digital strategy, bringing together its public and private sector capabilities to help developing countries expand affordable digital access, improve services, and create jobs. According to a statement by the World
Barbara Bako, Abuja. The Federal Government has ruled out reversing key economic reforms, with Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, insisting that Nigeria must sustain its policy direction as it moves from economic
Barbara Bako, Abuja. World Bank Group President Ajay Banga has warned that developing economies face a projected shortfall of about 800 million jobs over the next 10 to 15 years, urging governments and development partners to mobilise private investment,
Barbara Bako, Abuja. The African Export-Import Bank (Afreximbank) is set to push bankable investment projects across Africa as it convenes the sixth African Sub-Sovereign Governments Network (AfSNET) Investment Conference in Calabar, Cross River State, from Nov. 12 to
Barbara Bako, Abuja. The Africa Finance Corporation (AFC) has appointed the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, as Chairman of its Board of Directors, as the institution intensifies efforts to mobilise investment for
Barbara Bako, Bangkok. Nigeria has unveiled 65 investment opportunities across key sectors of the economy and promised further reforms in power, agriculture, taxation and business regulation to attract domestic and foreign capital. The Minister of Finance and Coordinating Minister of
Barbara Bako, Bangkok. The International Monetary Fund (IMF) has urged its wealthier member countries to replenish its catastrophe relief fund and honour financing commitments to support low-income economies facing rising debt-servicing costs and mounting economic pressures. IMF Managing
Barbara Bako, Bangkok. The International Monetary Fund (IMF) has warned that global public debt is projected to reach 100 per cent of Gross Domestic Product (GDP) by 2029, urging governments to urgently strengthen public finances as rising borrowing costs,
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