Barbara Bako, Abuja. The Federal Government has disbursed ₦38.93 billion to 166 public tertiary institutions across the country under the Needs Assessment Revitalisation Fund to address infrastructure deficits and improve teaching and learning conditions. The disbursement, announced in
Bamidele Dave The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as JPMorgan Merchant Bank Nigeria Limited. The proposed establishment of a merchant bank according
Bamidele Dave The Central Bank of Nigeria (CBN) convened a high-level business and financial roundtable in Beijing on Wednesday, 21 October 2026, bringing together Nigerian and Chinese business leaders to explore opportunities to deepen Nigeria’s financial markets and identify
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.
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has urged insurance brokers to leverage the Nigerian Insurance Industry Reform Act (NIIRA) to expand their role in infrastructure financing and strengthen their contribution to Nigeria’s economic development. The Commissioner
Bamidele Dave The Federal Government say it has paid ₦4.25 billion in outstanding pension and severance benefits to an additional 600 beneficiaries of Nigeria Airways Limited, bringing the total number of beneficiaries paid across 11 batches to 3,300. According to
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. Vice President Kashim Shettima on Monday unveiled a 10-year capital market master plan targeting N750 trillion by 2036, as the Federal Government seeks to mobilise domestic savings and attract long-term investment to finance economic growth. The
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,
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