Category : Search result: MSME financing


FG Pushes States to Lead Disaster, Poverty Response

Federal Government mandates states to lead humanitarian and poverty reduction efforts. New 'One Humanitarian, One Poverty Reduction System' aims to harmonise interventions and boost accountability.

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.

How Boko Haram Gets Money: 4 Funding Sources Revealed

Nigerian journalist Ahmad Salkida details Boko Haram's adaptive financial model, from community donations to criminal enterprises, explaining its resilience against military pressure. Read the full analysis.

Ex-CBN Gov Emefiele Denies Sponsoring Terrorism

Former CBN Governor Godwin Emefiele has vehemently denied allegations of financing terrorism in Nigeria, describing the reports as malicious and baseless. Read his full statement and the context of the claims.

Nigeria Must End Reliance on Foreign Health Aid - Presidency

Presidential adviser Dr. Salma Anas warns Nigeria's health system is vulnerable due to over-reliance on foreign grants and high out-of-pocket payments. The government is pushing for Domestic Resource Mobilisation to achieve Universal Health Coverage.

Bank CEO Calls for $25bn Aviation Fund in Nigeria

Fidelity Bank CEO Nneka Onyeali-Ikpe urges the Federal Government to create specialised funding from the CRR to bridge Nigeria's $25 billion aviation finance gap and support fleet growth.

$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.

$5B Africa Energy Bank HQ Complete in Abuja

Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.

DSS: Mamu Got N50m from Terrorist Ransom Fund

A DSS witness reveals Tukur Mamu received N50m from terrorists involved in the Kaduna train attack. The alleged negotiator also taught terrorists how to create websites. Read the full court details.

BOI Unveils Business Clinic to Save Nigerian MSMEs

Bank of Industry launches structured Business Clinic model to address MSME survival crisis. Only 20% of Nigerian businesses survive past 5 years. New program targets 24,000 enterprises by 2027.

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