Don't get duped by fake microfinance banks in Nigeria, see list of approved MFBs by the CBN

Aba shoe factory begins mass production

World Bank Partners Nigeria on N140bn Solar Systems Installation

CBN devalues Naira, fixes dollar sale at N392-Daily Post

Nigeria’s inflation rate rises to 14%

The inflation rate surged by 0.52 percentage points which is the highest recorded since July 2016 when the inflation rate increased by 0.65 percentag…

Financial Market Update - October 2020

Equity:  The equity market sustained its bullish momentum over the month of October with MoM and YTD return at 13.78% and 13.74% respectively. The st…

Check out conditions young Nigerians must meet in order to access the N75b youth investment fund and how to apply

The Central Bank of Nigeria has published conditions young Nigerians must meet to access the N75B youth investment fund initiated by  the Federal M…

Nigerian Inflation Rate Rises More Than Expected on Food Costs--Bloomberg.

Nigerian inflation accelerated for a 13th straight month in September on surging food prices driven by border closures and dollar restrictions as w…

FG set to open online portal for Nigerians to access N75billion survival fund from 10pm on Monday.

The federal government is set to launch an online portal for Nigerians to register for the N75billion survival fund for micro, small, and medium ente…

FG to support 1.7 million businesses, individuals.

The Federal Government has stated that it will render financial relief for 1.7 million business establishments and individuals across the country in …

COVID 19 SUPPORT; FG to support MSMEs with N75bn loan

Due to the cynical impact of the coronavirus pandemic on Micro Small and Medium Enterprises (MSMEs, the Federal Government is ready to support the se…

CBN set framework for family homes financing initiative, approves N200bn Housing Loan for low-income earners.

The Central Bank of Nigeria (CBN) has approved N200 billion as mortgage finance loan to Family Homes Fund, targeted at low-income earners. According …

President Buhari Explains why his government fell back on borrowing.

Nigeria's president, Muhammadu Buhari has on Tuesday, September 15 explained why his administration fell back on borrowing funds to run the affai…

South Africa's Economy dwindles by 51% in Quarter 2

South Africa has encountered notable wane in its economy in 2020's second quarter. There was a huge drop of 92% of consumer spending on alcohol a…