World Bank approves $500m to boost Nigeria’s agricultural sector, support farmers
The World Bank has approved a $500 million credit facility for Nigeria’s agricultural sector, targeting smallholder productivity, value chain development,... Read more.
Nigerian banks complete N4.65 trillion recapitalisation as CBN eyes SME lending boost
The Central Bank of Nigeria has announced the successful conclusion of its two-year banking sector recapitalisation programme, with 33 banks meeting revised minimum... Read more.
Baobab Microfinance Bank opens new Lagos head office to strengthen MSME services
Baobab Microfinance Bank has inaugurated a new head office at 129 Ikorodu Road, Lagos, relocating from Kaduna as part of a strategic expansion aimed at improving... Read more.
Stanbic IBTC places SME growth at the centre of inaugural Nigeria Business Summit
Stanbic IBTC has hosted the inaugural Nigeria Business Summit, bringing together policymakers, entrepreneurs, investors, and industry leaders over two days at the... Read more.
Wema Bank wins double honours at Global SME Banking Innovation Awards 2026
Wema Bank has secured two major international accolades at the Global SME Banking Innovation Awards 2026, winning SME Financier of the Year and Best SME Lending... Read more.
New invoice financing system set to ease cash flow pressure on Nigerian SMEs
Small and medium-sized enterprises in Nigeria are set to benefit from improved access to working capital following the introduction of a structured invoice financing... Read more.
Infrastructure funding approvals expected to strengthen SME operations across Nigeria
Recent funding approvals targeting infrastructure development are set to improve the operating environment for small and medium-sized enterprises across Nigeria,... Read more.
Federal government opens N1bn grant portal for Nigerian MSMEs
The Federal Government has announced the opening of applications for over N1 billion in grants targeted at micro, small, and medium enterprises across Nigeria. The... Read more.
Crude supply boost targets Dangote refinery output
Nigeria has increased crude oil allocations to the Dangote refinery in a move aimed at improving domestic fuel production and easing pressure on imports. According... Read more.
Rising global demand boosts Nigeria’s LNG prospects
Nigeria is witnessing increased global demand for its liquefied natural gas (LNG), driven by supply disruptions in key producing regions and shifting global energy... Read more.
