FG launches Tinubu Light Initiative to cut energy costs for one million Nigerian MSMEs
The Federal Government has unveiled the Tinubu Light Initiative, a nationwide renewable energy programme designed to provide affordable clean energy to one million... Read more.
Dangote confirms October groundbreaking for $16bn Kenya refinery
Aliko Dangote has confirmed that construction of the proposed Lamu Oil Refinery in Kenya will begin with a formal groundbreaking ceremony no later than October 2026,... Read more.
Geregu Power defaults on N40bn bond as revenue collapses 79%, investors grow uneasy
Geregu Power Plc has defaulted on its N40.09 billion Series 1 Senior Unsecured Bond, missing both its eighth semi-annual coupon payment and its scheduled fourth... Read more.
Nigeria’s industrial policy is failing its SMEs — AERE warns
Nigeria’s ambitious Industrial Policy 2025 risks becoming the latest in a long line of well-designed policy frameworks that fail to reach the businesses they... Read more.
Nigeria’s food service industry hits $11bn as Moniepoint projects $19bn market by 2030
Nigeria’s food service industry generated an estimated $11.09 billion in 2025 and is projected to reach $19.31 billion by 2030, growing at a compound annual... Read more.
CPPE warns Nigeria’s real sector faces N50tn financing gap as development finance model fails
The Centre for the Promotion of Private Enterprise has called for a comprehensive overhaul of Nigeria’s development finance architecture, warning that... Read more.
Nigerian SMEs push for dedicated banks as data shows only 15% access formal loans
Small business operators in Nigeria are calling for the establishment of specialised banks dedicated to serving micro, small and medium enterprises, citing data... Read more.
FMBN launches diaspora mortgage loan in London today to channel remittances into Nigerian housing
The Federal Mortgage Bank of Nigeria officially launches its Diaspora National Housing Fund Mortgage Loan in London today, 7 August 2026, opening a government-backed... Read more.
Paystack launches small business launchpad offering free payment processing to Nigerian merchants
Paystack has announced the launch of its Small Business Launchpad, a structured four-week programme designed to help active Nigerian merchants build more... Read more.
Keystone Bank, NACCIMA, SMEDAN train Nigerian SMEs on the skills banks actually want
Keystone Bank, in partnership with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and the Small and Medium Enterprises Development... Read more.
