Kalu Announces N1bn Support Fund for Abia SMEs
Deputy Speaker Benjamin Kalu launches a N1 billion intervention fund for 2,000 Abia SMEs. He also invites Governor Alex Otti to join the APC for re-election support. Read the full details.
Category : Search result: N1 billion fund
Senate Pushes State Police, Youth Fund to Curb Insecurity
Nigerian Senate proposes state police, youth fund & tech intelligence to combat insecurity. Speaker Abbas urges hope in 2026. Read the full report.
First Lady's Education Fund Raises N25.5 Billion
The Oluremi @65 Education Fund has officially closed, recording over N25.5 billion in donations to support education and the National Library project. Read the First Lady's message of gratitude.
N25.5bn Raised for Education as Oluremi @65 Fund Closes
The Oluremi @65 Education Fund has concluded, raising over N25.5 billion for education and the National Library project. First Lady Tinubu thanks Nigerians for their generous support.
NAICOM: No Extension for Insurance Recapitalisation
NAICOM insists the July 30, 2026, recapitalisation deadline is fixed by law. NDIC says remitting 50% of earnings to govt hampers its Deposit Insurance Fund growth. Read the full details.
Last-Mile Hurdles Rob Rural Nigeria of Digital Economy
Despite billions invested in fibre, Nigeria's rural communities remain disconnected. Explore how the last-mile gap cripples farmers, healthcare, and education, widening the national digital divide.
NDIC Reaffirms Fiscal Compliance, Seeks Stronger Capacity
NDIC reaffirms strict adherence to fiscal regulations while seeking exemption from a 50% cost-to-income policy to build a robust fund for protecting depositors. Learn about the strategic talks with MOFI.
NANS Urges Probe of ITF Over Delayed SIWES Allowances
Nigerian students demand federal investigation into ITF's failure to pay SIWES allowances for years, citing hardship and fund mismanagement allegations. Read the full story.
₦200m Fund Launched for 20 Ogoni Entrepreneurs
Chief Lesi Maol invests ₦200m to empower 20 Ogoni entrepreneurs, urging youth to embrace wealth creation for sustainable development. A transformative step for Ogoniland's economy.
Tinubu Set to Launch Unemployment Benefits Scheme
Deputy Speaker Benjamin Kalu announces President Tinubu's upcoming unemployment benefits scheme and a N1bn SME fund for Abia State. Details on the social protection plans revealed.
FCMB Asset Management Gets N20bn Fund Approval
FCMB Asset Management has received SEC approval for a N20 billion Series II private debt fund. The fund targets SDG-aligned sectors like agriculture and clean energy, with issuance opening in January 2026. Read more.
APC to Makinde: Account for N50bn Ibadan Fund or Resign
Oyo APC challenges Governor Seyi Makinde to explain the N50 billion Ibadan explosion relief fund allegedly received from President Tinubu or resign. Details of the allegations and the governor's response.
Fayose: Proof Makinde Got N50bn From Tinubu
Former Governor Ayo Fayose has released documents alleging Oyo State Governor Seyi Makinde received N50bn from the Tinubu administration. He challenges Makinde to sue him. Read the full details.
MUSWEN Leaders Back Tinubu, Seek N2bn for Empowerment
MUSWEN leaders express strong support for President Tinubu's economic policies and security efforts. They also appeal for N2 billion to fund youth empowerment and tech training projects across Southwest Nigeria.
FG: No Accounts, No Funds for MDAs in 2026
Federal Government warns ministries and agencies to submit financial statements by Dec 31, 2025, or face indefinite fund suspension and sanctions. Full compliance required for continued access to treasury.
Northern Governors' Bold Security Plan for Regional Recovery
Northern Governors and traditional rulers have launched a unified security plan, suspending mining for 6 months and creating a N1bn monthly fund. Can this bring lasting peace?
Kaduna 2026 Budget: N100m Allocated to Each Ward
Kaduna State's 2026 budget allocates N100m to each of its 255 wards for grassroots projects. Education receives the largest share at 25% of the N985.9bn budget. Read details of the historic plan.
LSSTF Deploys Team to Monitor Security Assets in Lagos
Dr Ayo Ogunsan, LSSTF boss, deploys a monitoring team to ensure accountability and transparency in the use of security resources. Read how this move aims to boost public trust.
Experts Urge Sweeping Mortgage Reforms in Nigeria
Financial regulators and housing experts warn Nigeria's economic growth is limited without affordable housing finance. Learn about the N250bn MRIF fund and new strategies.
SAHCO Honoured as Best SIWES Employer 2025 by ITF
Skyway Aviation Handling Company (SAHCO) Plc receives the 'Best Employer in SIWES Student Acceptance 2025' award from the Industrial Training Fund for its commitment to training Nigerian students. Read more.
SEEDAN Praises Tinubu's N50bn Seed Industry Fund
SEEDAN lauds President Tinubu for approving a N50 billion catalytic fund to strengthen Nigeria's seed sector, boost agribusiness, and enhance national food security. Learn how this impacts farmers.
SEEDAN Commends Tinubu Over N50bn Seed Industry Fund
SEEDAN lauds President Tinubu for the N50bn Seed Industry Catalytic Fund, a major boost for food security. The association also announces key milestones, including ISF membership.
NSIA's 2025 Review: $3B Assets, Key Projects
Nigeria's Sovereign Wealth Fund, NSIA, surpasses $3 billion in assets in 2025, launching major projects in healthcare, renewable energy, and tech innovation. Read the full review of a year of progress.
UAE's $1bn AI for Development Initiative Targets Africa
The UAE has launched a $1 billion 'AI for Development' initiative to finance AI projects in Africa, aiming to enhance digital infrastructure, government services, and productivity across the continent.
Audit Bill Stalled in Senate Since 2023, Risks Public Funds
AdvoKC Foundation warns Nigeria's Senate delay on the Audit Service Bill, 2023, weakens financial oversight, enabling theft. Urges immediate passage to protect public money.
LSSTF Launches Team to Monitor Security Assets in Lagos
LSSTF CEO Dr Ayo Ogunsan inaugurates a monitoring team to track vehicles and assets for the RRS, ensuring transparency and accountability in Lagos security funding. Read more.
2026 World Cup Winners to Get $50 Million Prize Money
FIFA announces a record $655 million prize fund for the 2026 World Cup, with winners earning $50 million. See the full breakdown for all 48 teams.
CFG Africa's ₦1bn Ethical Fund Targets 2026 Growth
CFG Africa unveils a ₦1 billion ethical fund for Sharia-compliant investments. Experts at the Lagos forum urge policy shifts to boost Nigeria's real economy. Discover the strategic path for 2026.
N37.59tr Maritime Trade Renews Call for Local Shipping
Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.
LSSTF Boss Urges Innovation to Tackle Lagos Security
Lagos State Security Trust Fund's new CEO, Dr. Ayo Ogunsan, outlines a modern, collaborative strategy for tackling security challenges, including public donations and a major town hall meeting on December 11.
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