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Category: Finance

CBN stimulus package for households and MSMEs reopens for application at NIRSAL, MFB
BusinessFinance

CBN stimulus package for households and MSMEs reopens for application at NIRSAL, MFB

Application for CBN Stimulus Package. The stimulus package introduced by the Central Bank of Nigeria (CBN) in 2020 to support households…

Christina NgeneMarch 8, 2021May 4, 2021
African Development Bank arm, ALSF, to receive €6 million grant from the Netherlands
BusinessFinance

African Development Bank arm, ALSF, to receive €6 million grant from the Netherlands

The African Legal Support Facility (ALSF), an arm of the African Development Bank, AfDB, has secured a €6 million grant…

Christina NgeneMarch 4, 2021March 4, 2021
FGN March 2021 Savings Bond is up for subscriptions – DMO
BusinessFinance

FGN March 2021 Savings Bond is up for subscriptions – DMO

The Federal Government of Nigeria, FGN March 2021 Savings Bond is up for subscriptions through the Debt Management Office (DMO).…

Christina NgeneMarch 2, 2021April 7, 2021
Nigeria GDP: Finance and insurance sector contributes 3.07% in Q4 and 3.36% in 2020
BusinessFinance

Nigeria GDP: Finance and insurance sector contributes 3.07% in Q4 and 3.36% in 2020

The annual sectoral contribution of the Financial Institutions and Insurance – the subsectors of Finance and Insurance Sector in Nigeria…

Christina NgeneFebruary 18, 2021February 18, 2021
PTAD reschedules verification exercise for retirement pension
BusinessFinance

PTAD reschedules verification exercise for retirement pension

The Pension Transitional Arrangement Directorate, PTAD has rescheduled its mop-up verification exercise for commencement on February 17, at its headquarters…

Christina NgeneFebruary 18, 2021February 18, 2021
AfDB makes a $668.1 million loan agreement with Japan
BusinessFinance

AfDB makes a $668.1 million loan agreement with Japan

The Japan International Cooperation Agency (JICA) and the African Development Bank Group (AfDB) have entered into a concessional loan agreement of…

Christina NgeneFebruary 17, 2021March 8, 2021
Infraco Nigeria to take off with initial seed of N1 trillion from CBN, others
BusinessFinance

Infraco Nigeria to take off with initial seed of N1 trillion from CBN, others

InfraCo will focus on infrastructural development in Nigeria. Nigeria’s tardiest infrastructure company, Infraco is about to take off with an…

Christina NgeneFebruary 15, 2021February 15, 2021
IMF says Naira devaluation was rejected by the FG
BusinessFinance

IMF says Naira devaluation was rejected by the FG

Naira devaluation could further inflation rates The Nigerian government has rejected the advice by the International Monetary Fund, IMF to…

Christina NgeneFebruary 10, 2021February 10, 2021
The Use Of Cryptocurrency Is Not Unlawful In Nigeria – CBN
BusinessFinance

The Use Of Cryptocurrency Is Not Unlawful In Nigeria – CBN

Dogecoin was trending on Twitter Nigeria a few days before the CBN put some restrictions on cryptocurrency. Bitcoin, Ethereum are…

Christina NgeneFebruary 8, 2021February 8, 2021
Japan’s Project NINJA Accelerator Program To Grant $15,000 To Startups In Africa
BusinessFinance

Japan’s Project NINJA Accelerator Program To Grant $15,000 To Startups In Africa

JICA to grant $15,000 to startups in Africa under its accelerator program TOKYO – The Japan International Cooperation Agency (JICA)…

Christina NgeneFebruary 5, 2021February 5, 2021

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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