Search Results for "Finance"
338 results found
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 · 28 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 · 29 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 · 28 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 · 31 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 · 30 views
Electricity subsidy gulps N358bn amid blackouts

…from the N418.79bn recorded in the fourth quarter of 2025, the government will still finance more than half of the industry's generation costs. "It is important to note that due to the absence of cost-reflective tariffs across all DisCos, the government incurred a subsidy obligation of N358.32bn; this represents a N60.…

Crime by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Atiku alleges ₦8.8tn off-budget spending, demands probe of Tinubu administration

…development partners to press for greater transparency and accountability in public finance management.

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 37 views
Pensioners hail Tinubu over N39.6bn arrears payment

…News shortly after the Pension Transitional Arrangement Directorate and the Ministry of Finance announced the disbursement on Friday. He said the gesture, alongside other pension interventions by the Federal Government, had strengthened confidence in the administration's commitment to the welfare of elderly citizens. H…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
A Zimbabwean developer built a bride price calculator that went global

…I wanted to be strategic with my early projects,” he said. “A conventional delivery or finance app would have required massive backend infrastructure and investment. The Lobola Calculator was the perfect project to tackle. It solved a unique, real-world cultural need, didn’t require major funding to publish, and allowe…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 33 views
Jurisdiction - Where Federal Police Authority ends and State Police begins

…that neither the bill nor Kalu's public remarks fully address. States that can self-finance a police force, largely the wealthier, more commercially active states in the south will be able to establish, equip, and staff a competitive force relatively quickly, potentially without needing to lean on federal grants at all…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 28 views
An Entry into the $1.2T AI Market - Forget Solana & Ondo, Stargate LLM Lets You Own the Next OpenAI

…But none of it changes what Ondo actually is: a governance token tied to Flux Finance decisions, not a share of platform revenue or a stake in a growing consumer product. Watching the Ondo coin price grind sideways while tokenized RWAs scale in the background is a very different experience from owning upside in a platf…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
Nigerian startup takes top prize at UNDP's pan-African edtech accelerator

…building digital skills and workforce development solutions, at a time when development finance institutions and ecosystem builders are expanding support for education technology across Africa. As venture funding becomes more selective, accelerator programmes such as timbuktoo and the Mastercard Foundation EdTech Fello…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
How unpaid salaries and vendor debts forced FoodCourt to pause operations

…shut down after the second Lagos location paused operations, while the startup’s finance department raced to settle outstanding payments in anticipation of new funding by the end of April. "The recent suspension of operations has been a difficult period for everyone connected to the business, including our employees, v…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 35 views
Victors, victims and witnesses: 250 years of US triumphalism, by Owei Lakemfa

…he reinstated the slave trade. He was removed, not by the US government, but by a force financed by his fellow American businessman, Cornelius Vanderbilt. The US, which has occupied the Cuban Guantanamo Bay since 1903, has for 64 years now imposed unilateral restrictions on that country, including barring it from trade…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 33 views
CBN revokes licences of 46 microfinance banks over regulatory breaches

According to the CBN, the affected microfinance banks failed to satisfy the minimum conditions required to retain their operating licences. The regulator stated that the revocation became necessary due to "one or more" of several infractions, including insufficient assets to meet liabilities, closure of operations with…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 32 views
👨🏿‍🚀TechCabal Daily - Takealot finally delivers

…South Africa —Chief Risk Officer — Gauteng, South Africa M-KOPA — Group Tax Manager, Finance Business Partnering Manager — Nairobi, Kenya Looking for more opportunities? There are additional openings on TechCabal’s job board. We’ve also cleared out outdated listings to keep opportunities fresh for job seekers. If you’r…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 32 views
Nairobi to host TechCabal's Road to Moonshot mixer on Thursday

…In recent years, Nairobi has also become a hub for venture capital firms, development finance institutions, and founders building businesses that target multiple African markets. That shift has expanded the conversations beyond fundraising to include questions about regulation, digital infrastructure, cross-border paym…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 31 views
Tech leaders push AI rules to unlock opportunities

…communicate, make decisions, and build businesses," Bello said. "From healthcare and finance to education, government and entrepreneurship, AI is creating incredible opportunities for innovation and growth." PhD Researcher and Co-founder of Tech Derby, Joseph Origbo, said technological progress alone would not be enoug…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 26 views
Firms risk losing global capital without sustainability reports, FRC warns

…transparency has become the new currency for investment, competitiveness and access to finance. This was as the council warned Nigerian companies that fail to embrace sustainability reporting risk losing access to international capital, export markets and strategic partnerships as investors increasingly demand transpar…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 58 views
Paga turns to tokenised investments in latest infrastructure push

…returns of up to 16% annually. This time, however, Paga is targeting the on-chain finance opportunity. Tokenised assets convert ownership of traditional financial instruments into digital tokens that can be traded on blockchain networks. In practice, that could allow a Nigerian retail investor to buy a fraction of a co…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 32 views
Igbo leaders reject concession of Enugu International Airport

…(PPP) agreement, facilitated by Enugu State Governor Peter Mbah, the concessionaire will finance, rehabilitate, expand, operate and manage the airport. However, in a strongly worded statement issued on Monday, ILT rejected the arrangement, warning that the withdrawal of Federal Government funding would compromise the a…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 29 views
The Next Wave: The age of lending to strangers is ending

…and ever larger volumes of unsecured consumer loans create durable businesses. Embedded finance, partnerships and products attached to existing commercial relationships offer something consumer lending apps have struggled to find consistently over the last decade: visibility into repayment. Branch Mfb has arrived at a…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 74 views
Nigeria's fintechs built payments. Now they're becoming banks.

…year, Nigeria's biggest fintechs have accelerated their push into banking through microfinance bank (MFB) licences as they seek to expand beyond their core businesses into full-service financial institutions. In January, Paystack, the payments technology company now owned by The Stack Group (TSG), acquired Ladder Micro…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 30 views
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