The Manufacturers Association of Nigeria (MAN) urges the establishment of a dedicated manufacturers’ bank to streamline financial support for the sector, mirroring institutions like the Bank of Agriculture. Francis Meshioye, …
Economic Growth
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Nigerian banks have increased their lending to the private sector to a record high of N54.76 trillion in August 2023, partly driven by the foreign exchange revaluation gains from the …
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Nigeria, Africa’s largest economy, faces a serious challenge of rising foreign debt as investors shun its domestic market. According to a National Bureau of Statistics report, Nigeria borrowed $1.21 billion …
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Prominent Kenyan lawyer and activist, Prof. Patrick Lumumba, has drawn attention to what he describes as a modern form of slavery—African talents emigrating abroad through work visas. Speaking at an …
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In a resounding display of commitment to Nigeria’s burgeoning small and medium-sized enterprises (SMEs), Google has announced the inauguration of the Hustle Academy SMB Fund. This groundbreaking initiative will provide …