30 results
- 10 Sept 2019
Nigerian Film Corporation Opens Partnership Discussion with French Agency
The Nigerian Film Corporation (NFC) has opened discussions with the French Agency for Development (Agence Francaise de Developpement) AFD; for training and capacity building for filmmakers in…
- 16 Oct 2020
Digital Africa Secures €130m Funding for African Start-ups
Digital Africa has secured €130 million in funding from the French government, to support African start-ups. Launched in 2018 by the French Development Agency, Digital Africa’s mission is to promote…
- 30 Dec 2016
NITDA to Facilitate eLearning in French Language Villa
National Information Technology Development Agency (NITDA), is out to support for the facilitation of eLearning, and project of National Interest in the country. Dr Isa Ali Ibrahim (Pantami),…
- 30 Mar 2017
CBN Grants National License to DBN
The Central bank of Nigeria (CBN) has granted a national license as a Wholesale Development Finance Institution to the Development Bank of Nigeria (DBN) Plc. As a wholesale bank, the DBN will lend…
- 13 Jan 2017
FG Applies for Banking Licence for DBN
Federal government has formally applied for operational license for Development Bank of Nigeria (DBN) from the Central Bank of Nigeria (CBN). A statement from the Federal Ministry of Finance…
- 1 Mar 2017
DBN will Catalyse SMEs’ Growth, Adeosun
Mrs. Kemi Adeosun, minister of Finance, has stated that the Development Bank of Nigeria (DBN) is being positioned to galvanise the Small and Medium Scale Enterprises (SMEs) sector for the overall…
- 2 Aug 2021
Agusto & Co Assigns ‘AAA’ Rating, Stable Outlook on DBN
Agusto & Co., a credit rating agency assigns an “AAA” rating on the Development Bank of Nigeria Plc, DBN, the highest rating possible on any institution. In summarizing the rating, which…
- 20 Jun 2015
FG to get AFD Grant for Transmission Network
Federal government on Friday in Abuja said it was working with the Agence Française de Development (AFD) to secure a grant of 170 million Euros for the building of transmission networks in Abuja…
- 14 Sept 2021
Buhari Asks Senate to Approve Humongous $4Bn, €710m External Loans
The Senate has received a formal request from President Muhammadu Buhari to consider and approve an external loan to fund projects captured under the 2018-2021 borrowing plan. The letter dated August…
- 17 Aug 2022
DG NITDA says National Identity will Fast-track Digital Economy Development
Kashifu Inuwa CCIE, the Director-General, National Information Technology Development Agency (NITDA), has said that setting the Digital Identity process on track will ensure effective implementation…
- 22 Mar 2024
National Economic Council Endorses $617m Digital Enterprises Programme
National Economic Council (NEC) has endorsed the implementation of the $617.7 million Investment in Digital and Creative Enterprises (i-DICE) programme in the 36 states of the federation and the…
- 10 Nov 2021
Senate Okays Buhari’s Loan Request of $16Bn, €1Bn
Senate on Wednesday approved a fresh $16 billion and €1 billion loans request by President Muhammadu Buhari. President Buhari The Senate, also approved grant components of $125 million – which Buhari…
- 6 Apr 2017
FG Approves $1.3Bn Take-off Grant for Development Bank of Nigeria
The Federal Executive Council has approved a 1.3 billion dollars loan credit facility for the commencement of the Development Bank of Nigeria. The approval came on the heels of a memo submitted by…
- 13 Nov 2023
AfDB to Disburse $618m to Nigeria for Startup Funding
The African Development Bank (AfDB) said it has finalised arrangements to disburse the sum of $618 million for the implementation of Nigeria’s investment in the digital and creative enterprise…
- 10 Nov 2025
FG Backs $64m Tech Fund, Unveils New Startup Financing Plans Under iDICE Programme
Nigeria’s Investment in Digital and Creative Enterprises (iDICE) programme has announced plans to launch two new funds in 2026 to expand financing opportunities for startups in the country’s…
- 20 Dec 2022
NIMC Database Hits 93.5m Enrollment
Mr Aliyu Aziz, director-general of the National Identity Management Commission (NIMC), said its national database has hit over 93.5 million National Identity Number (NIN) enrollments. He made the…
- 9 Mar 2021
AfDB Approves $1.3 million Grants to Enhance Women’s Digital Access to Loans and Micro-insurance
The African Development Bank, AfDB, has approved two grants for research that will increase African women’s access to a range of digital financial services including loans and micro-insurance. The…
- 21 Dec 2022
50 MDAs Back Nigeria Digital ID4D Project, As NIMC Updates Stakeholders on NIN Enrolment
No fewer than fifty public institutions in Nigeria, on Tuesday, pledged their support for the implementation of the Nigeria Digital Identification for Development (ID4D) Project. Dr. Walter Duru…
- 28 Aug 2019
Ekeh, Zinox Boss, Earmarks N1.5Billion to Support SMEs in Imo
Chairman, Zinox Group, Leo Stan Ekeh has declared a three-year interest free loan of N1b to petty traders and small and medium businesses in Imo State. Ekeh, a native of Imo State, disclosed…
- 13 Mar 2013
Schneider Electric Inaugurates Electrification of Pitti Gare in Cameroon
Schneider Electric, the market leader in energy management with operations in more than 100 countries, inaugurated the BipBop electrification project in the village of Pitti Gare, in the coastal…
- 8 Jun 2013
Okonjo-Iweala says Nigeria Owes $6.7Bn
Dr. Ngozi Okonjo-Iweala, coordinating minister for the Economy and minister of Finance, has put the nation’s external debt at $6.67 billion while the country spent some $8. billion to service debt in…
- 6 Oct 2022
Pantami Extols Legislations as Crucial for Citizen’s Identity Protection
Prof. Isa Ali Ibrahim Pantami FNCS FBCS FIIM, the Honorable Minister of Communications and Digital Economy, has said that it has become imperative to implement legislations that will ensure the…
- 6 Feb 2024
FCMB Launches Accelerator Programme to Empower One Million SMEs
First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises (SMEs) in Nigeria. Partnering with SkillPaddy and other…
- 18 Jan 2024
NIMC, NCC Partner Security Agencies to Track Kidnappers- Odusote
National Identity Management Commission (NIMC) and the Nigerian Communications Commission (NCC) are currently working with security agencies to use the National Identity Numbers (NIN) and Subscribers…
- 29 Sept 2023
Proparco Marks 15 Years in Nigeria with $1Bn Worth of Investments
Proparco, a French development finance institution, is proud to mark 15 years of operations in Nigeria with a total of USD 1B invested over the period. Since its inception in Nigeria in 2008,…
- 25 Feb 2020
NIMC to Register al Nigerians in 5 Years
National Identity Management Commission (NIMC) has set a target of capturing the entire population on its database within the next three to five years, thanks to the World Bank credit of $430 million…
- 19 Feb 2020
FG’s National Identity Project, Others Get World Bank Nod
The World Bank has approved Nigeria’s digital identity ecosystem project along with five others, aimed at assisting the country to empower citizens, especially marginalised groups, to access…
- 18 Nov 2021
Angst as Nigeria Abandons old DPR, Seeks Firm to Draft New Document
Tempers are said to be flaring in Nigeria as the federal government has reportedly abandoned a previous DPR text which was concluded in 2020, and is looking to engage a new firm to write up an…
- 19 Apr 2022
NDPB Calls for Stronger Privacy Standards to Drive Digital ID
National Identity Management Commission (NIMC) has been called upon by Nigeria’s new data privacy authority to set high standards for data protection and privacy as one of the ways of strengthening…
- 25 Dec 2024
World Bank Raises Nigeria’s NIN Target to 180m
World Bank has raised Nigeria’s target for National Identification Numbers (NIN) issuance under the Digital Identity for Development (ID4D) project from 148 million to 180 million, reflecting…