The Central Bank of Nigeria (CBN) has announced plans to recapitalise and restructure development finance institutions (DFIs) to address a widening funding gap for micro, small and medium enterprises (MSMEs).
AfDB to Support Nigeria's Agriculture with $134m
The African Development Bank (AfDB) has pledged its support to Nigeria’s agricultural sector with a whopping $134 million investment aimed at enhancing food production.
The President of AfDB, Akinwumi Adesina, unveiled this commitment during his visit to the Centre...
NNPC, Investors Negotiate $7bn FDIs In Uk
The Nigerian National Petroleum Corporation has said a team from the corporation is currently in London negotiating deals that will attract Foreign Direct Investments valued at about $7bn into Nigeria’s oil and gas sector.
The nation’s crude oil and...
The total value of capital imported into Nigeria in the third quarter of 2016 was estimated to be $1,822.12 million, which represents an increase of 74.84% relative to the second quarter, and a fall of 33.70% relative to the third quarter of 2015.
In the...