UK Government and FSD Africa Partner to Boost Investment for Women-Led Businesses in Nigeria
The UK Government and FSD Africa have partnered to unlock investment for women-led businesses in Nigeria.
Business
Markets
SAHCO, owned by Nigerian tycoon Taiwo Afolabi, secures Air Algérie deal at Lagos and Abuja airports
Nigerian billionaire Taiwo Afolabi's SAHCO has been awarded a contract by Air Algérie to manage cargo handling operations at Lagos and Abuja airports.
Finance
More Than Half of Nigerian Financial Institutions Not Yet Compliant with Data Localisation Requirements
According to a survey by the National Information Technology Development Agency (NITDA), only 22 out of 44 financial institutions have started implementing measures to comply with the data…
AFD and BoI Partner to Boost Nigeria’s Creative Sector with $30m Deal
The French Development Agency (AFD) and the Bank of Industry (BoI) have inked a deal to unlock $30 million in financing for Nigeria's creative sector.
Entrepreneurship
The Neglected Intermediary in Nigeria’s Youth Employment Drive
An investigation into the void in youth employment initiatives and potential solutions for bridging the gap in Nigeria's workforce.
Partnership Between NITDA and US Chamber of Commerce to Boost Nigeria’s Digital Economy
The National Information Technology Development Agency (NITDA) and the U.S. Chamber of Commerce are exploring partnerships to advance Nigeria's digital economy.
Economy
Nigeria Launches $100 Million Gas Pipeline for South-East Industrialisation
The Nigerian government has launched a $100 million gas pipeline project aimed at boosting industrialisation in the South-East.
Entrepreneurship
Federal Government Urges Graduates to Innovate and Solve Nigeria’s Challenges
The Federal Government has challenged Nigerian graduates to turn the country's development challenges into business opportunities through innovation and entrepreneurship.
Nigeria’s Industrial Ranking Drops to 14th Amid Policy Gaps and High Production Costs
Nigeria's industrial ranking has dropped to 14th in Africa due to persistent policy gaps and high production costs, BusinessDay reports.
Finance
GTCO Launches Google Pay in Nigeria
Guaranty Trust Cooperative Society (GTCO) has launched Google Pay in Nigeria, offering Nigerians a new digital payment option.
Markets
Naira Appreciates Against Dollar at Official FX Market
The Nigerian naira has appreciated against the United States dollar, trading at N1,352.8710, at the Central Bank of Nigeria's (CBN) official foreign exchange (FX) window.
Finance
NCGC Unlocks N64bn Credit to End Collateral Barrier for Viable Businesses
The National Credit Guarantee Company Limited (NCGC) has unlocked N64.13 billion in loans for 174,495 borrowers nationwide, aiming to dismantle collateral barriers that prevent viable businesses from accessing…
Entrepreneurship
Five Nigerian Businesses Selected for Asset Support Programme
The Biodun and Ibikunle Foundation (BIF) and ALTFINANCE have chosen five Nigerian businesses to receive asset grants worth N5,000,000.
Insurer Advocates for Wealth Protection through Integration of Risk Management
The MD/CEO of Mutual Benefits Assurance Plc, Olufemi Asenuga, has urged Nigeria to integrate risk management and insurance in its sustainable development agenda.
Economy
ASIS Highlights NSIA’s $300m Renewable Energy Fund to Boost Power Access
The Africa Social Impact Summit (ASIS) has drawn attention to the $300 million Nigeria Distributed Renewable Energy (DRE) Fund as a crucial step towards resolving Nigeria's electricity access…