The World Bank has approved $1.57 billion for three new projects in Nigeria, aimed at helping the country address governance challenges in the education and healthcare sectors. 

FG Hopes To Ramp Up Power Infrastructure With $4bn Funding   The Federal Government (FG) has expressed optimism that the various funding arrangements amounting to about $4 billion it has put in place to boost power transmission capacity and other power infrastructure in the country would...

Capital Market, Viable Funding Source For SMEs – NSE         The Nigerian Stock Exchange has described the capital market as a viable source of funding for Small and Medium Enterprises, saying it continues to support the growth and development of small businesses in the country. It said...

Economists Advocate Islamic Finance to Project Fundings     The Federal Government has been advised to formulate a policy and introduce programmes that will leverage revenue of Sukuk and ensure self funding projects to free government resources for other purposes. Participants of a Five Day International Workshop and...

Buhari Okays Nigeria, Siemens Electricity Deal Funding     President Muhammadu Buhari, has given the nod to a German firm, Siemens AG, to begin the concessionary funding and provision of technical support to the country’s power sector. According to the official twitter handle of the Presidency, @NGRPresident, Buhari...

FERMA Blames Bad Roads On Inadequate Funding   Many roads in Nigeria are in bad shape due to lack of proper maintenance occasioned by the paucity of funds at the Federal Road Maintenance Agency, the agency has said. According to FERMA, poor budgetary allocations over the years...