Search Results for "Finance"
331 results found
All On charts renewable investment roadmap

…dinner and fireside chat brought together representatives from government, development finance institutions, the private sector, development organisations, academia and the renewable energy industry to review the organisation's first decade of operations and discuss the future of energy access in Nigeria, according to…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 29 views
FMCG firms slash finance costs by 23% in Q1

The combined finance costs of 12 leading fast-moving consumer goods companies listed on the Nigerian Exchange declined by 23.02 per cent to N67.66bn in the first quarter of 2026, from N87.90bn in the corresponding period of 2025, signalling stronger profitability, lower debt burdens and increased reliance on equity fin…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
Presidential Metering Initiative: FG To Train And Employ 4,000 Youths In Electric Meter Installation 

…PMI program. Is this training free? Yes, the PMI Meter Installation Course is entirely financed by the federal government. How long is the course? The intense training program lasts three weeks and includes practical sessions. What are the requirements? Applicants must be Nigerian citizens with at least an OND or equiv…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 85 views
The new $50 million fund backing Senegalese startups

…la création du fonds Catalyst DER/FJ : un véhicule de 50 millions de dollars dédié au financement de startups sénégalaises innovantes aux stades pré-seed et seed. L’annonce est intervenue lors d’une keynote intitulée « Combler le déficit de financement pré-seed en Afrique de l’Ouest francophone : comment le capital ins…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
TechCabal's Road to Moonshot brings Africa's startup debate to Nairobi

…firm focused on East Africa, said East Africa has long been shaped by development finance institutions and concessional capital. What interests him now is the emergence of investors approaching companies with stronger commercial expectations and clearer paths to sustainability. His work with founders often extends beyo…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 31 views
Wahala App thinks public safety deserves its own app

…platforms into a database of public incidents. For now, Wahala App’s vision is being financed by the founding trio, who continue to work their full-time jobs while pooling their salaries to fund development and keep the platform running. “We’re running at a loss, but we don’t care. We believe in the vision; we believe…

Crime by nigerianewsfeed · 2 mons ago · 0 comments · 36 views
How GTCO plans to challenge fintechs with 200,000 PoS terminals

…its reach among SMEs, corporates, fintech platforms, and institutions through embedded finance products and closer integration with the GTCO ecosystem. If achieved, annual transaction value processed through its terminals would rise to ₦12 trillion ($8.76 billion), a 900% increase from 2025's total. The rollout forms p…

Investment by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
Nigeria's data centres face major test under CBN's local hosting mandate

…platforms they already use. Ope Adeoye, chief executive of OnePipe, a Nigerian embedded finance and banking-as-a-service (BaaS) platform, offers what he describes as the "smoothest path" to compliance. “In my view, the practical path is to create the environment that allows the major global cloud providers to deploy mi…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 37 views
Experts call for scalable solutions to meet rising housing demand

…groups. The meeting, therefore, advocates for immediate adoption of innovative housing finance and industrialized housing construction models such as prefabricated housing, precast concrete system and modular construction with replicable and standardized designs for faster delivery and cost efficiency housing for the p…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
HBM Nigeria advocates accelerated climate action, sustainable infrastructure development

…verified emission reductions in construction projects could unlock significant carbon finance opportunities, creating additional revenue streams for developers, governments and citizens. "Population growth, urbanisation, climate change impacts and rising demand for improved living standards are all happening simultaneo…

Agriculture by nigerianewsfeed · 2 mons ago · 0 comments · 35 views
Nigeria's finance minister to speak on the future of housing

Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, will deliver the keynote address at the opening ceremony of the 20th Anniversary Edition of the Africa International Housing Show, next week, in Abuja. The announcement has heightened expectations for what is widely regarded as Africa's la…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Tony Elumelu to step down as UBA chairman, Nnorom named successor

…bank, Nnorom is a chartered accountant with more than 40 years of experience in banking, finance and auditing. He has served as a non-executive director of UBA and previously held senior executive positions in the financial services sector. The retirement comes in line with the Central Bank of Nigeria’s revised Code of…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 36 views
The Miami startup building blockchain settlement rails for African governments

…infrastructure settlement, energy tokenisation, gold-backed systems, and cross-border finance. Uganda is one of our most advanced projects, and I believe it will succeed, but the company is no longer dependent on one market or one outcome. Three years in, the technology exists, the infrastructure is operational, and th…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
Manufacturers embrace local sourcing, value addition to cut import dependence

…collaboration for tailored innovation; facilitate technology transfer, infrastructure finance, and SME integration across the manufacturing spectrum," Ike-Muonso stated.

Business by nigerianewsfeed · 2 mons ago · 0 comments · 29 views
FG secures $11.4bn World Bank loans in three years

…exchange rate reforms, fiscal consolidation, and measures aimed at strengthening public finances. The World Bank data showed that the RESET programme has been fully disbursed, while the ARMOR programme had recorded disbursements of $280.55m, leaving $469.45m available. The reform package attracted public attention beca…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 56 views
CHRICED calls for probe of PFIPC controversy, seeks accountability

…sources and operational frameworks. In addition, it called on the Federal Ministry of Finance and the Budget Office to clarify issues raised in the International Monetary Fund’s (IMF) Article IV Consultation regarding unrecorded government spending. CHRICED said the controversy underscores the need to strengthen transp…

Entertainment by nigerianewsfeed · 2 mons ago · 0 comments · 83 views
Buhari's greatest legacy is investment in education - Aisha

…for a new Computer Science Complex at Al-Qalam University, Katsina. The project is being financed from the proceeds of the book From Soldier to Statesman: The Legacy of Muhammadu Buhari, published to document the life and public service of the late Nigerian leader. Addressing dignitaries at the ceremony, Aisha Buhari d…

Education by nigerianewsfeed · 2 mons ago · 0 comments · 31 views
HURIWA seeks probe of alleged ₦8.8tn off-budget expenditure

…The organisation also described the response attributed to the Minister of Finance and Coordinating Minister of the Economy as inadequate, given the gravity of the allegations. HURIWA urged the Federal Government to publish documents detailing the legal basis, appropriation approvals, expenditure records and audit trai…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 29 views
Monarch urges investors to establish businesses in Edo community

…road, the Police Area Command headquarters, the Okpella Vigilante Office and Okpella Finance Limited, while construction is ongoing on the Iddo internal roads, Imiegiele and Awuyemi concrete roads, as well as a Chief Magistrate's Court and an Area Customary Court. The royal father also highlighted initiatives to streng…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
Industrial unrest looms over threatened FCT workers' housing scheme

…development has raised concerns among subscribers, whose monthly salary deductions have financed the housing project, with many fearing the loss of their investments. In response, the Joint National Public Service Negotiating Council (JNPSNC), Trade Union Side, has petitioned the Head of the Civil Service of the Federa…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 22 views
NAHCO appoints vice chairman, non-executive directors

…as Non-Executive Directors as part of efforts to strengthen its board with expertise in finance, governance, infrastructure and corporate law. The appointments were disclosed in a statement issued by the company on Sunday and signed by the Company Secretary, Bello Abdullahi. According to the statement, both appointment…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 28 views
FG denies spending ₦8tn outside budget, says IMF report misrepresented

…approved budget. This was contained in a statement issued on Sunday by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele. The rebuttal comes after IMF disclosed that Nigeria left public spending equivalent to about 2% of GDP unreported in recent official budgets, obscuring the country's tr…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Obi demands accountability over IMF's ₦8.83tn off-budget spending report

…citing the latest findings from the International Monetary Fund on Nigeria's public finances. In a post on X on Sunday, Obi alleged that about ₦8.83 trillion in government expenditure undertaken in 2025 was not reflected in the national budget, describing the development as evidence of "grand corruption." "The recent r…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Catalyst Fund completes $30 million second close to back Africa's climate-tech startups

…support they need to grow.” New backers in the second close include the International Finance Corporation (IFC), Financing for Agri-SMEs in Africa (FASA), Shell Foundation, Trafigura Foundation, Speedinvest, Blink Impact, and Women Entrepreneurs Finance Initiative (We-Fi), which would support the fund’s efforts to expa…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 29 views
Dangote backs blue economy to create 500,000 jobs

…industrial transformation required policy consistency, quality infrastructure, access to finance, and investor confidence. Dangote identified infrastructure-led industrialisation, value-chain development and stronger public-private partnerships as the three pillars needed to unlock the sector's enormous potential. He s…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 29 views
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