FG, International Partners Plan $1bn Loan Support For MSMEs       The Bank of Industry under the supervision of the Federal Ministry of Industry, Trade and Investment has concluded a $1bn syndicated term loan in conjunction with international partners to support Micro, Small and Medium Scale Enterprises...

Naira Depreciation: Insurance Industry Capital Base Crashes To $1bn       Naira’s depreciation has taken a toll on the capital base of the insurance industry. The capital has dropped to $1 billion from $2.2 billion. This was contained in the Agusto & Co. 2021 Nigerian Insurance Industry Report:...

BoI Concludes $1bn Syndicated Term Loan         The Bank of Industry has announced the successful conclusion of a landmark $1bn loan syndication transaction aimed at improving the capacity of the bank to effectively support Micro, Small, Medium and Large enterprises across key sectors. According to a statement...

Nigeria Can Earn $1bn From Leather By 2025 - NEPC Boss       The Nigeria Export Promotion Council (NEPC) has said that the leather industry could generate $1bilion for Nigeria by 2025. The Chief Executive Officer of NEPC, Mr. Segun Awolowo, who disclosed this at the virtual summit...

NNPC Obtains $1bn To Fund Upstream Operations       The Nigerian National Petroleum Corporation on Thursday night announced that it had obtained a prepayment funding of about $1bn to support the upstream operations of its subsidiary, the Nigerian Petroleum Development Company. It said the crude oil prepayment had...

West African Carriers Spend $1bn Annually On Aircraft Maintenance     Airlines in West Africa spend over $1 billion on offshore maintenance of their aircraft, Accountable Manager, 7 Star Global Hangar Limited, Isaac David Balami said at the weekend. He said the cash taken out of the sub-region...