The Arab Bank for Economic Development in Africa (BADEA) has signed a EUR 40 million Line of Credit Facility Agreement with the Development Bank of Nigeria (DBN) to further strengthen private sector development and entrepreneurship in Nigeria. The agreement was
President Bola Ahmed Tinubu has directed the Infrastructure Concession Regulatory Commission (ICRC) to guide the implementation of the Federal Government’s National Gas Infrastructure Command Centre (NGCC) strictly under a Public-Private Partnership (PPP) framework, with zero public funding and no contingent
The Ministry of Finance Incorporated (MOFI) say it is partnering 20 banks to disburse a ₦1 trillion private-sector-led mortgage scheme designed to address Nigeria’s 20-million-unit housing deficit and stimulate broader economic growth towards achieving the one trillion-dollar economic agenda of
The Nigerian Export-Import Bank (NEXIM), has disclosed the disbursement of N179.79 billion to Nigerian exporters in 2025. Managing Director of NEXIM Abubakar Abba Bello made the disclosure in Abuja at a conference organised by the Finance correspondents Association of Nigeria (FICAN).
Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration. The partnership according to a statement by the African Export-Import Bank (Afreximbank) enables instant
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on Tuesday launched the GROW Fund scheme to help micro, small and medium enterprises (MSMEs) with access to affordable financing for their businesses. The agency appointed Jaiz Bank PLC to
President Bola Tinubu this Tuesday announced that Nigeria will co-host Investopia with the United Arab Emirates (UAE) in Lagos in February, an initiative aimed at attracting global investors and accelerating sustainable investment inflows. Bayo Onanuga, Special Adviser to the President
Nigeria Deposit Insurance Corporation (NDIC)Â has commenced the liquidation of Aso Savings and Loans Plc and Union Homes Plc following the revocation of their licenses by the Central Bank of Nigeria (CBN) on December 15, 2025 while assuring the entire
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