$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.

Nigeria Gets $100m AfDB Loan for Youth Fund

Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.

FGN Savings Bonds Offer Up to 13.838% Interest

Nigeria's DMO opens subscription for 2-year and 3-year FGN Savings Bonds with attractive quarterly interest payments. Secure investment backed by the Federal Government. Closes Dec 5.

FIRS Clarifies 4% Development Levy on Imports

The FIRS clarifies the 4% Development Levy is a consolidation of existing charges, not a new tax. Read details on exemptions, free trade zones, and reactions from Nigerian importers.

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