UNGA79: Nigeria Secures $600,000 for Flood Relief, Sector Reforms The Nigerian government has secured a $600,000 relief fund and commitments from the Bill and Melinda Gates Foundation to hasten relief efforts for victims of devastating floods in Borno state and other health and agriculture sectors’...

Cash Transfer Programme: FG Disburses N24bn to 991,261 Households The Federal Government has disbursed N24.78bn under the National Cash Transfer programme to 991,261 poor households as part of efforts to alleviate poverty in Nigeria. The cash transfer initiative, spearheaded by the National Social Investment Programme Agency...

NMRC Secures $228m Mortgage Financing for Nigeria’s Vulnerable Earners, Borrowers The Nigeria Mortgage Refinance Company Plc (NMRC) has secured $228 million in affordable mortgage financing for vulnerable earners and borrowers. This was disclosed in a statement on its X page, on Thursday, September 26, 2024. The company...

$6.8bn Debt: NNPC Admission Sparks Integrity Concerns   The Nigerian National Petroleum Company Limited (NNPCL) recently shocked many Nigerians when it admitted owing petrol suppliers. The masses were not surprised that the company was in debt; rather, they found it difficult to believe that after months...

Multilateral Banks’ Climate Financing Now $125bn – AfDB   Multilateral development banks, including the African Development Bank, have reported that their combined financing for climate action reached a record $125bn in 2023. In a statement issued on Monday, AfDB said the findings were from the Joint Multilateral...

FG Offers N150bn Bonds For September Auction   The Debt Management Office (DMO) has announced that the Federal Government was offering three bonds worth N150bn for the September auction. In a release, the DMO stated that the bonds, which were re-openings of previously issued instruments, would be...