Nigeria has approached the World Bank for a fresh $10.50 million loan to strengthen the Central Bank of Nigeria’s technical capacity and modernise the country’s domestic payment system. The move …
Development
- Banking, Finance & InvestmentDevelopmentEconomyEducationFinance & Services
The Foundation for a Better Environment (FABE) has trained over 30,000 students on environmental sustainability through its EcoSchoolsNG initiative, which started in 2016. The initiative aims to educate young Nigerians …
- Business and EconomyDevelopmentInfrastructureNigeriaReal EstateWestern Africa
Wisdom Kwati Smart City to Commence Construction of Second Mega Estate in Yola
Wisdom Kwati Smart City has announced the commencement of construction on its second mega estate in Yola, Adamawa State. The project, named Brilliance Estate, is set to deliver over 15,000 …
- DevelopmentEconomyEducationGOVERNMENT
W’Bank lends Nigeria $1.08bn for education, nutrition, economic boost
The World Bank has announced the approval of three major financing operations worth a total of $1.08 billion to support key sectors in Nigeria, including education, nutrition, and economic resilience. …
- Banking, Finance & InvestmentDevelopmentEconomyINVESTMENTNigeriaWestern Africa
JP Morgan Eyes Merchant Banking Expansion in Nigeria
JP Morgan is set to expand its footprint in Nigeria by upgrading its Lagos representative office into a full-fledged business branch. The US banking giant plans to apply for a …
- AgricultureDevelopmentHealthcare
Livestock productivity project to establish 20 veterinary hospitals with $500 million funding to improve animal healthcare
The Livestock Productivity and Resilience Support Project (L-PRES) is set to establish and equip 20 model veterinary hospitals across Nigeria’s geopolitical zones with $500 million in funding to improve the …
- AviationDevelopmentEconomyGOVERNMENTInfrastructureNigeriaWestern Africa
Abia Airport Project to Employ Local Workers—Craneburg
CRANEBURG Construction Company, the consultants for the Abia airport project, has assured that skilled and unskilled workers from the host community, Nsulu in Isialangwa North Local Government Area, will be …
cross Africa, a new phase of agriculture is taking shape, driven by the rapid emergence of Artificial Intelligence (AI) and digital solutions. With food security becoming an urgent issue amid …
- BusinessDevelopmentEnergyINVESTMENT
African energy: Opportunities and challenges presented by Russia’s investments
Africa’s energy sector is drawing attention from powerful global players, with Russia positioning itself as a key partner. The continent, rich in oil, gas, and other natural resources, stands at …
- DevelopmentEconomyPolicies
South African Reserve Bank Considers Revising Inflation Targeting Framework Amid Growth Concerns
The South African Reserve Bank (SARB) is contemplating adjustments to its longstanding inflation targeting framework, acknowledging that the current regime may be hindering economic growth and reducing the nation’s competitiveness. …