-
JenneteUgo Anya
- December 13, 2024
FG Expands Infrastructure Financing With ₦1trn Sukuk Bond
The federal government has issued six Sovereign Sukuk bonds valued at ₦1.1 trillion (approximately $657.6 million) to fund 124 federal road projects spanning over 5,820 kilometers across the country’s six geopolitical zones. This announcement was made by Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), during the second International Islamic Capital Market […]
Read More
-
- December 11, 2024
FG Launches ₦198bn Loan Fund To Empower MSMEs In 2025
In a decisive move to bolster micro, small, and medium enterprises (MSMEs) across the nation, the federal government has unveiled a ₦198 billion syndicated loan fund. Scheduled to roll out in the first quarter of 2025, this initiative aims to enhance entrepreneurship and spur economic growth in every state of the federation. The program introduces […]
Read More
-
- October 21, 2024
FG Secures $119m Investment For Tech Hubs, MSMEs
The federal government has secured approximately $119 million in investments aimed at developing tech hubs and supporting micro, small, and medium enterprises (MSMEs). This major development was recently disclosed by Mr. Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications. This investment is the outcome of Vice President Kashim Shettima’s recent engagement […]
Read More
-
- July 24, 2024
FG Injects N1trn Into Manufacturing Sector
In a significant move to rejuvenate the manufacturing sector, the Federal Government of Nigeria has infused N1 trillion in palliatives over the past year. This announcement was made by Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, during a recent public hearing on the Finance Act (Amendment) Bill 2024, organised […]
Read More