UK Commits $50m to Small Businesses in Nigeria
British International Investment, the United Kingdom’s development finance institution and impact investor, recently announced a $50m commitment to Access Bank for businesses.
A statement from BII said that the facility was part of a $295m loan package arranged...
236m barrels of Crude Oil Produced in Six Months – NUPRC
Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) shows that the country produced a total of 236,229,281 barrels of crude oil in the first half of 2024.
The report shows that 44.2 million barrels...
Marine Ministry Targets $1 trillion Economy in Four Years
The Executive Secretary, Chief Executive Officer, Nigerian Shippers Council (NSC), Pius Akuta has declared that the Federal Government, through the Ministry of Maritime and Blue Economy, has begun to develop a policy framework that would raise...
Mandela Day: MWFAAN Set to Celebrate 10-year Fellowship Anniversary, Announces Conference on AfCFTA
The Mandela Washington Fellowship Alumni Association of Nigeria (MWFAAN) is set to commemorate her 10-year anniversary with the MWF at 10 Legacy Conference which will focus on African Continental Free Trade Area...
Tinubu Launches Student Loan Fund with N32bn to Kick-start Programme
President Bola Tinubu has launched the Nigeria Education Loan Fund (NELFUND), emphasising the importance of education as a vital tool in combating poverty and achieving national development.
Speaking at the official launch of the NELFUND...
Nigeria Loses $9bn Annually to Illegal Mining
The House of Representatives Committee on solid minerals development says Nigeria loses $9 billion annually to illegal mining.
Jonathan Gbefwi, chairman of the committee, spoke on Monday at a public hearing organised to investigate illegal mining in the solid...
