Category : Search result: private credit


N200bn Private Debt Fund Launched for Nigerian SMEs

ARM Investment Managers unveils a N200 billion private credit fund to provide long-term financing for scalable SMEs in Nigeria, addressing a critical gap in the economy. Discover how this initiative aims to boost job creation and economic growth.

Nigeria mobilises private sector on $500bn biodiversity loss

Nigeria launches the Biodiversity Finance Initiative (BIOFIN) to mobilise public and private investments against an estimated $500 billion yearly loss from biodiversity decline. Learn how this partnership aims to align economy with conservation.

Adichie's Son Death: Medical Negligence Alleged

Fresh details emerge on the tragic death of Chimamanda Adichie's son, Nkanu Nnamdi. Sources allege medical negligence at a Lagos facility before a planned US evacuation. Read the full report.

Carnival Calabar: 20 Years of Cultural & Economic Impact

As Carnival Calabar marks its 20th anniversary, we explore how Nigeria's premier cultural festival evolved into a strategic economic engine, driving tourism, private investment, and community prosperity in Cross River State. Discover the winning PPP model

FG Seeks Private Investment for Fire Safety

Nigeria's Federal Fire Service calls for private sector investment to boost public safety, trains 7,400 citizens. Newly decorated officers urged to lead with innovation.

Lovonus MFB Launches Tech-Driven MSME Credit Plan

Lovonus Microfinance Bank unveils a five-year, technology-driven strategy to expand credit access for MSMEs and cooperatives. MD Adeola Ayibiowu details plans for digital growth and portfolio resilience. Read more.

Fidelity Bank Crosses N500bn Capital Threshold

Fidelity Bank Plc has successfully raised over N250bn in a single day, meeting the CBN's N500bn capital requirement. The move cements its position among Nigeria's top-tier lenders ahead of the March 2026 deadline.

Dangote Refinery Offers 10-Day Credit, Free Fuel Delivery

Dangote Refinery introduces a 10-day credit facility and free logistics for petrol stations, slashing the gantry price to ₦699/litre. This strategic move aims to ease cash flow and distribution costs for dealers nationwide.

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.

George Akume confirms marriage to Zynab Otiti Obanor

Secretary to the Government of the Federation, Senator George Akume, has formally acknowledged his marriage to philanthropist Zynab Otiti Obanor, calling it a private affair that does not affect his public duties. Read more.

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