Nigeria to raise $3 billion from Eurobond sales mid-October
The Minister of Finance, Zainab Ahmed has said that Nigeria is looking to raise about $3 billion from Eurobond sales, mid-October. During a Bloomberg TV …
Category: Finance in Africa
CBN new directive on bulk payment in banks, PSPs
The Central Bank of Nigeria, CBN, has advised banks and Payment Services Providers, PSPs, to henceforth dis-aggregate bulk payment saying that it noticed some problem …
How SMEs, MSMEs in Nigeria can get business loans
A number of financial institutions in Nigeria have been employed by the federal government over the years to participate in funding and provide loans to …
FGN funds for MSMEs, small business enterprises in Nigeria
The federal government, FGN has been influencing the MSME sub-sector of the Nigerian economy with funds in recent years. It achieves this by employing the …
How to get the FGN survival fund for business individuals
The Federal Government (FG) has flagged off the last track of its Micro Small and Medium Enterprises (MSMEs) Survival Fund scheme, the Guaranteed Off-take Scheme, …
OPEC+ plans to output raise for the year after resolves
The Organisation of Petroleum Exporting Countries and allies (OPEC+) has commenced a plan to increment output raise for the year following a resolution of disputes between members. …
How government spending is impacting Nigeria in 2021
Federal government spending for 2021 is regularly being reported alongside its deficits by the Budget Nigeria Office. The FG projected an aggregate revenue of N8.13 …
Details of CBN digital currency, eNaira, Bitt Inc. and things to know
The Central Bank of Nigeria, CBN has formally engaged with global Fintech company, Bitt Inc., as its technical partner on the eNaira digital currency project. …
CBN partners with Bitt Inc for digital currency, eNaira project
The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the Technical Partner for its digital …
How the federal government in Nigeria is spending the budgets
Nigeria – Federal government spending 2021. In a fiscal year, the federal budget can weigh heavily on a country’s economy or Gross Domestic Product, or …