Nigeria’s widening MSME financing shortfall has come into sharper focus as MTN Nigeria and SMEDAN intensify efforts to bridge the country’s estimated $158 billion annual…
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Category: FOREIGN & DEPLOMACY
African Leaders Canvass For Stronger Digital Finance Systems
Finance leaders across Africa have called for accelerated investment in digital finance infrastructure to expand financial inclusion and improve cross-border payments. This is has finance…
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Africa’s Trade Finance Gap May Hit $86.6bn, AfDB Warns
Africa’s worsening trade finance crisis may deepen over the next two years as rising geopolitical tensions in the Middle East, surging energy prices and tightening…
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Oil Majors Eye Ultra-Deep Water As Market Faces Potential Supply Gap
Oil majors are looking to expand ultra-deepwater and frontier exploration, targeting large, high-value resources that can support long-term supply and energy security goals. Top energy…
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ISPS Codes: NIMASA Intensifies Efforts To Lift Entry Restrictions On Vessels From Nigerian Ports
The Nigerian Maritime Administration and Safety Agency (NIMASA) has stepped up efforts to address lingering port security gaps and secure the removal of entry restrictions…
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MTN Pauses Borrowing Service As Digital Lending Oversight Tightens
Nigeria’s largest telecommunications provider, MTN has temporarily stopped its Xtratime service, which allows customers to borrow airtime and data. The move comes after new government…
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Nigeria Hosts AU Monetary Institute Ahead of September Take-off
Nigeria is set to host the African Union’s (AU) African Monetary Institute (AMI), as preparations intensify for the institute’s planned take-off in September 2026. The…
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Oil, Condensate Output Averages At 1.546mbpd In March After 1.84mbpd Peak
Nigeria’s combined oil and condensate production averaged 1.546 million barrels per day (mbpd) in March 2026, up 4.2 per cent from 1.483 mbpd in February,…
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ITF, CTIN To Train 100,000 Artisans For Construction Sector
The Industrial Training Fund (ITF), in collaboration with the Cement Technology Institute of Nigeria (CTIN), have concluded arrangements to launch a landmark skills development programme…
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Ecobank Reports $801m Profit Before Tax For 2025
Ecobank Transnational Incorporated (ETI) has reported a pre-tax profit of N801 million for the 2025 financial year, reflecting sustained revenue generation from its diversified operations…
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