28 Feb 2020
International Finance Corporation (IFC), a member of the World Bank Group, yesterday, announced a $25million local-currency investment in a risk-sharing facility to expand Union Bank’s lending to small and medium enterprises (SMEs) in Nigeria.
11 Dec 2019
Agriculture in Nigeria is a critical aspect of the nation’s economy, providing direct employment for about 30 per cent of the population, while the sector contributes about 24 per cent to the Gross Domestic Product, according to the Nigerian Bureau of Statistics. But climate change is threatening this important industry, as its direct effects include…
9 Dec 2019
Agriculture in Nigeria is a critical aspect of the nation’s economy, providing direct employment for about 30 percent of the population, while the sector contributes about 24 percent to the Gross Domestic Product, according to the Nigerian Bureau..
1 Nov 2019
Civil society bodies, labour, and grassroots groups have urged the governor of Lagos State, Mr. Babajide Sanwolu to halt alleged plans to privatize the Adiyan II and Igbonla Water Works.
27 Oct 2019
No doubt children are naturally endowed with different abilities and can be uniquely creative, if given the right tools and space to thrive and develop their talents.
5 Oct 2019
It was her birthday on Thursday and as expected, social media was agog with congratulatory messages for star actress, Omowunmi Dada. Fans, friends, colleagues and family members took ample space on her social media handles
20 Jun 2019
With International Energy Agency (IEA) reports, revealing that over 600 million people in Africa will not have access to grid electricity by 2030...
11 Jun 2019
A 2018 survey by the International Finance Corporation (IFC) has showed that only 31 per cent of MSME in Nigeria have ever obtained a loan from a financial institution, commercial...
27 May 2019
The Central Bank of Nigeria, CBN, and the International Finance Corporation (IFC), have charged Microfinance Banks, MFBs to embrace self-regulation and consolidation...
29 Apr 2019
Investors in housing sector have been charged to introduce and implement a greener development path that ensures resource-efficient construction and practices. According to experts, green construction offers a chance to secure emission cuts at a low cost and lock in energy and water savings for decades to come. Nigeria currently ranks as the 15th most…
2 Apr 2019
Efforts to attract both local and foreign capital into the country may get added boost, as the federal government has assured that it is providing enough policy incentives this year. The Minister for Finance, Zainab Ahmed, who disclosed this at the First Bank anniversary lecture, in Lagos on Tuesday, expressed worry on the level of…
2 Apr 2019
Central Bank of Nigeria (CBN)’s National Collateral Registry (NCR) has generated N1.264 trillion credit to the micro, small and medium enterprises (MSMEs) and individuals in the nation’s economy within two years, its Registrar, Mohammed Mainasara, has said. The NCR, a creation of the apex bank’s Development Finance Department in collaboration with the International Finance Corporation (IFC) commenced operation in 2017 following…