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Breaking news and reports on financial institutions, fiscal policies, government spending, and corporate finance developments.
Finance
FG, SMEDAN launch ICSS Grow Fund MSME financing scheme
The Minister for Youth Development, Ayodele Olawande, has announced the official launch of the Inspire, Create, Start, and Scale (ICSS)...
Finance
Monica Cash Processes N500bn in Three Years of Operations
Monica Cash has marked a major milestone, completing three continuous years of operations and processing more than N500 billion in...
Finance
Sterling HoldCo Fully Recapitalises Sterling Bank and AltBank
Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are...
Finance
Nigeria Secures Permanent Seat on African Central Bank Board
During the just-concluded 39th Session of the Executive Council of the African Union, Nigeria recorded major diplomatic and institutional gains,...
Finance
Nigeria set to launch Africa Energy Bank by April
Nigeria has completed its final obligations for the launch of the Africa Energy Bank, clearing the way for the institution...
Finance
FirstBank, MOFI, ARM Launch Single-Digit Mortgages
FirstBank of Nigeria Limited, in partnership with the Ministry of Finance Incorporated and ARM Investment Managers Limited, has launched a...
Finance
Kuda MFB Secures CBN National Licence to Expand Physical Presence
Kuda Microfinance Bank (Kuda MFB) has received approval from the Central Bank of Nigeria (CBN) to operate as a National...
Finance
FMBN disburses over N7bn in mortgages, housing support for Police Officers
The Federal Mortgage Bank of Nigeria (FMBN) has disbursed over N7 billion in mortgage and housing development support to officers...
Finance
Rayyan Microfinance Bank launches N2bn MSME projects in Borno
Rayyan Microfinance Bank has announced the launch of N2 billion in projects aimed at supporting Micro, Small and Medium Enterprises...
Finance
BII Anchors $1bn Allianz Credit Emerging Markets Blended Finance Fund
British International Investment (BII), the UK’s impact investor and development finance institution, has announced that it will act as an...
