…is a CBN-backed federal intervention fund. It supports agricultural businesses, boosts economic growth, and generates employment.This Islamic finance-based product is an alternative to the existing AGSMEIS programme. It follows murabahah (cost-plus financing) and ijarah (leasing) principles. The scheme provides term fi…
…in the previous month, highlighting the challenge facing the CBN as it seeks to balance economic growth with price stability.From breaking news to viral moments. Follow Legit.ng on Instagram.Domestic assets and deposits drive liquidity growthBroad money, which measures the total amount of money circulating within the e…
…Company as part of efforts to reposition Nigeria’s industrial sector and accelerate economic growth. Minister of State for Industry, Senator John Enoh, disclosed this during an interview on Channels Television on Tuesday, saying the Tinubu administration was implementing the National Industrial Policy, NIP, to boost ma…
…Deputy Speaker, Hon. Adjaratou Traore Coulibaly, described MSMEs as a major driver of economic growth and development across the region. She also linked the development of small businesses to improved security, noting that empowering women and young people through entrepreneurship would help address the root causes of…
…and human capital development, describing education as the foundation for sustainable economic growth. The minister also reiterated that the Nigerian Education Loan Fund was designed to remain financially sustainable beyond the current administration. “There is no value in introducing policies that cannot stand the tes…
…government finances, improve investor confidence and lay the foundation for sustainable economic growth. According to the statement, Oyedele said that throughout the reform period, Ebeke remained closely engaged with Nigerian authorities, providing technical support while demonstrating an understanding of the country’s…
…the country’s youthful population into a highly skilled workforce capable of driving economic growth at home while supplying quality manpower to Africa and the global labor market. According to him, President Tinubu’s unprecedented investments in education, skills development, and human capital are designed to position…
…are processed within the state to create wealth, generate employment and accelerate economic growth. The post BIPC warns against movement of oranges out of Benue appeared first on Vanguard News.
…Mafico warned that Africa’s development ambitions were being threatened by slowing economic growth, rising debt burdens, shrinking development assistance, climate-related disasters and persistent conflicts. She noted that recent findings showed that only 36 per cent of the Sustainable Development Goal targets were curr…
…project. “Timely completion of the second section will enhance transportation, promote economic growth and improve the quality of life for thousands of residents using the corridor daily,” he said. The post Motorists, residents urge Abiodun to complete Mowe-Ofada road appeared first on Vanguard News.
…of a continent-wide strategy to expand meaningful digital connectivity and accelerate economic growth. The commitment formed part of the 2026 Abuja Declaration on Meaningful Connectivity for Africa, adopted at the close of the 7th Ordinary Session of the African Telecommunications Union Conference of Plenipotentiaries…
…protect vulnerable Nigerians and lay a stronger foundation for sustainable economic growth. According to him, the previous VAT Modification Order, which was issued under the now repealed VAT Act, had served its purpose, but a new Order had become necessary to align with the provisions of the Nigeria Tax Act, 2025. “Thi…
…incentives instead of presenting ideas that promote education, innovation and long-term economic growth. According to him, this dependence on “stomach infrastructure” has become a dominant feature of electioneering in the country. “So, when it is now election season, they think of how to give people this or that becaus…
…and policymakers to discuss how data-driven investment decisions can support sustainable economic growth.From breaking news to viral moments. Follow Legit.ng on Instagram.Shift toward long-term impact investmentsSpeaking during the presentation, the Regional Representative for Africa at Innovision Global Consulting Int…
…remittances and investment.” He added that strong health systems were essential for economic growth, social stability and national resilience, noting that connecting global Nigerian medical expertise with local healthcare needs would help build a healthier and more prosperous nation. The minister also reaffirmed the Mi…
…that compromises their sovereignty, saying the wrong kind of aid can leave countries economically trapped and unable to pursue independent development. Obasanjo spoke on Wednesday at the public presentation of a book titled, ‘The Ibru Story: An Account of a Pioneering Nigerian Business Family,’ a biography chronicling…
…and critical oil and gas infrastructure. “Its continued deterioration undermines economic growth, threatens public safety and weakens national development. “The lives already lost cannot be restored. But many more can still be saved. The people of Delta, Edo and the entire Niger Delta deserve a safe, modern and durable…
…Ankpa’s rich deposits of coal and other solid minerals should be harnessed to drive economic growth rather than contribute to environmental damage, insecurity and avoidable loss of lives. “The mineral resources with which Ankpa has been blessed should not become a curse to the people. Following our engagement with the…
…through higher electricity costs, expensive cooking gas, poor energy security and slower economic growth. “In practical terms, everyone pays,” Mahmoud said. Communities living beneath the flames For residents of oil-producing communities, methane waste is not merely an environmental statistic but a daily reality affect…
…FX market has helped lay the groundwork for increased investment and longer-term economic growth.The shift from a multi-rate exchange system to a more market-driven structure has been central to the CBN's reform agenda, with Tuesday's trading figures offering one of the clearest signs yet of improved liquidity in Niger…
…Dr Diran Fawibe, emphasised that energy security is essential for industrialisation, economic growth, healthcare, education, job creation, and national competitiveness. He urged policymakers, industry leaders, universities and young professionals to move beyond policy conversations to practical implementation, adding t…
…saying the Renewed Hope Agenda has placed young people at the centre of efforts to drive economic growth and inclusive development. He also lauded Lagos State Governor Babajide Olusola Sanwo-Olu for his continued commitment to youth development, noting that the governor's administration has sustained programmes that em…
…and Development. The sponsor of the bill argued that Nigeria cannot achieve sustainable economic growth while millions of rural residents lack access to basic infrastructure and economic opportunities. Leading the debate on the general principles of the bill during plenary, the sponsor, Saidu Abdullahi (APC, Niger), de…
…they use them more confidently. That trust becomes the true foundation for long-term economic growth.” Detailing the architecture beneath the surface, the Chief Operating Officer and Chief Technology Officer, Dotun Adekunle, explained how OPay systematically eliminated payment bottlenecks using direct switching links,…
…aimed at empowering smallholder farmers, increasing productivity and promoting economic growth across Sokoto State. The post Sokoto Govt warns against fertiliser diversion as Kebbe receives 3,600 bags for farmers appeared first on Vanguard News.