Accion MFB Calls for Urgent Reforms to Finance MSMEs
Accion Microfinance Bank pushes for digital onboarding and value-chain financing to unlock credit for Nigeria's informal sector, crucial for 80% of jobs. Read the key reforms needed.
Category : Search result: MSME Intervention Fund
SMEDAN Seeks CBN License for New Microfinance Bank
SMEDAN applies to CBN to launch a microfinance bank for direct SME funding. Agency also targets formalising one million businesses and unveiling a new MSME policy in 2026.
Burkina Faso Releases 11 Nigerian Air Force Personnel
Burkina Faso has released 11 detained Nigerian Air Force pilots and crew. The release followed high-level diplomatic talks led by Nigeria's Foreign Minister, Yusuf Tuggar. Read the full details of the resolution.
Burkina Faso Releases 11 Detained Nigerian Air Force Crew
Burkina Faso has freed 11 Nigerian Air Force personnel after high-level diplomatic talks. Get the full details on the release and the government's intervention.
Pastor Calls for PFN Intervention in Oyedepo, Abioye Relationship
A Nigerian pastor analyses the strained relationship between Bishops Oyedepo and Abioye, warning that loyalty in ministry is dying. He urges the PFN to intervene before it sets a dangerous precedent. Read the full analysis.
Naira Rate Gap Widens as Dollar Demand Rises
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
ISPs Seek Policy Help for Underserved Areas
Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.
Tinubu's ADC Promotion Stopped After Backlash
The planned promotion of President Tinubu's ADC, Nurudeen Yusuf, to Brigadier-General was halted following public criticism and intervention by retired generals. Read the full details.
FG Launches Onion Aid for 600 Sokoto Farmers
The Federal Government, through NADF, has launched an Onion Intervention Programme in Sokoto State to support 600 farmers hit by flooding and climate challenges, aiming to boost food security.
Virgin Mary Painting Unscathed in Serbian House Fire
A Virgin Mary painting was found untouched after a fire destroyed a home in Serbia. Firefighters call it a 'miracle'. Read more about this incredible story of faith and hope.
Northern Elders Reject US Military Intervention in Nigeria
The Northern Elders Forum has strongly condemned calls for US military intervention in Nigeria, labeling them reckless and unpatriotic. Read their full statement and demands.
Lagos MSME Trade Fair Aims to Strengthen Grassroots Economy
Lagos State announces a week-long MSME trade fair to empower small businesses, foster economic inclusion, and create jobs. Event runs from December 8-14 at Surulere National Stadium.
Senate Pushes for Structured Social Welfare to Reduce Poverty
The Nigerian Senate has advanced a bill to create a National Social Welfare Service, aiming to coordinate poverty alleviation programmes. The data-driven agency would manage cash transfers, food aid, and stipends. Read more on this crucial legislative ste
FCMB Named Nigeria's Best SME-Focused Bank for 2025
First City Monument Bank (FCMB) wins the 2025 Best SME Focused Bank award from CIBN, holding a dominant 24% of industry SME lending. Discover how they fuel Nigeria's top economic sectors.
$50m Credit Boost for Northern Nigeria MSMEs
British International Investment and FCMB partner to provide a $50 million credit facility, with 70% targeting MSMEs in Northern Nigeria and 30% for women-owned businesses nationwide. Read more.
Kaduna fast-tracks $62.8m Kuwait Fund for development
Governor Uba Sani accelerates Kuwait's $62.8m support for Kaduna's education, healthcare, and agriculture. Over 100,000 out-of-school children targeted. Read more.
Marafa Backs Trump's Threat, Challenges Tinubu on Insecurity
Former Senator Kabiru Marafa explains his support for Donald Trump's military intervention threat, citing state failure and urging President Tinubu to act with stronger political will against banditry.
Edo Seeks ₦160bn to Tackle Ecological Challenges
Edo State unveils a ₦160 billion plan to remediate over 60 gully erosion sites and combat illegal sand mining. The initiative includes a massive tree-planting campaign.
Food Bank Targets 40m Nigerians in Hunger Intervention
MATAN Food Bank launches an automated digital initiative to provide direct food access for over 40 million Nigerians, backed by the House of Representatives. Read how this plan tackles the nation's food crisis.
House Probes Missing N30bn NSIPA Fund, Demands Action
The House of Representatives investigates over N30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation schemes. Lawmakers warn delayed funds worsen hardship. Read more.
NCDMB, BOI Unveil $100m Fund for Oil & Gas Firms
NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
IYC Accuses Edo Govt of Marginalising Ijaw People
Ijaw Youth Council laments neglect by Governor Okpebholo despite electoral support. No appointments, infrastructure deficit in oil-rich communities. Read their demands for equity.
BoI disburses ₦1.27tr to enterprises, supports 900,000 jobs
The Bank of Industry disbursed over ₦1.27 trillion across 14 sectors in 2024, supporting 900,000 jobs. The bank is expanding green finance and renewable energy investments to drive Nigeria's industrial transformation.
Northern Governors Launch N16bn Monthly Security Fund
Northern governors and traditional rulers have approved a N16bn monthly security trust fund to combat banditry and terrorism. They also urged President Tinubu to suspend mining activities for six months.
Enugu Boosts Security with Drones, Patrol Vans
Governor Peter Mbah launches hi-tech drones, bulletproof gear, and patrol vehicles to make Enugu the safest state in Nigeria. See the full security upgrade details.
Northern Leaders Suspend Mining, Back State Police
Northern governors and traditional rulers have imposed a six-month mining suspension and approved a N1bn monthly security fund to tackle banditry and insecurity. Read the full communiqué.
Lawmaker Offsets Fees for 1,400 Osun Students
Rep. Wole Oke covers school fees for 1,400 students in Osun technical colleges, a major boost for vocational education and a lifeline for families amid economic hardship. Read more.
Presidency Fires Back at Obasanjo Over Security Remarks
The Nigerian Presidency has strongly responded to former President Obasanjo's comments on insecurity, accusing him of hypocrisy for failing to act when bandits first emerged during his administration.
Nigeria Launches Emergency GBV Response Fund
Federal Government announces emergency fund to combat gender-based violence and support survivors. New initiative launched during 16 Days of Activism against GBV.
Obasanjo on Foreign Intervention in Nigeria's Insecurity
Former President Obasanjo defends Nigerians seeking international help against insecurity while calling for technology deployment. Read his response to Trump's military threat.
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