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Day: September 30, 2024

BREAKING: World Bank approves $1.57 billion for Nigeria for three projects
BankinginvestmentLocal

BREAKING: World Bank approves $1.57 billion for Nigeria for three projects

The World Bank has approved $1.57 billion to help Nigeria with important projects. This money will be used to fix…

byayotilewaSeptember 30, 2024September 30, 2024
Nigeria’s Used Car Imports Drop by 83% Due to New Tax
AfricaBusinessLocalTrade

Nigeria’s Used Car Imports Drop by 83% Due to New Tax

Nigeria’s spending on used vehiclears, fell significantly by 83% in the first half of 2024 compared to the same period…

byayotilewaSeptember 30, 2024September 30, 2024
Cardoso, World Bank, IMF Brainstorm to Craft New Strategies for Inclusion Growth in Africa
BusinessLocal

Cardoso, World Bank, IMF Brainstorm to Craft New Strategies for Inclusion Growth in Africa

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, participated in the prestigious Bretton Woods at 80…

byayotilewaSeptember 30, 2024September 30, 2024
Nigeria’s Bank reserves with CBN surge to N26.8 trillion amid aggressive CRR policy
BankingLocal

Nigeria’s Bank reserves with CBN surge to N26.8 trillion amid aggressive CRR policy

Nigeria’s banking reserves grew significantly to N26.8 trillion in August 2024, up from N19.4 trillion the previous year. This increase…

byayotilewaSeptember 30, 2024September 30, 2024
Bank, Fintech Must Partner To Activate Nigeria’s $1trn Economic Target’
BusinessLocal

Bank, Fintech Must Partner To Activate Nigeria’s $1trn Economic Target’

To help Nigeria reach a $1 trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC) and…

byayotilewaSeptember 30, 2024September 30, 2024
FG plans tax incentives for MSMEs
BankingBusinessLocal

FG plans tax incentives for MSMEs

The Federal Government of Nigeria has reiterated its commitment to helping micro, small, and medium enterprises (MSMEs) grow by offering…

byayotilewaSeptember 30, 2024September 30, 2024
Sugar Masterplan Attracted $1 Billion Investments, 15,000 Jobs, Says NSDC Boss
BusinessinvestmentLocal

Sugar Masterplan Attracted $1 Billion Investments, 15,000 Jobs, Says NSDC Boss

The National Sugar Development Council in Nigeria has announced exciting news about the country’s sugar industry. They shared that a…

byayotilewaSeptember 30, 2024September 30, 2024

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