Renowned entrepreneur and philanthropist Tony O. Elumelu recently joined President Bola Ahmed Tinubu for an Iftar ceremony at the Presidential Villa in Abuja. The event, held...
As the Central Bank of Nigeria (CBN) announced a hike in the Monetary Policy Rate (MPR) from 22.75% to 24.75%, concerns have been raised by the...
Private sector credit in Nigeria reached a record N76.94 trillion in January 2024, according to the latest report from the Central Bank of Nigeria (CBN). This...
Nigeria’s private sector has experienced a welcome boost with growth recorded in April, following the easing of the country’s cash crisis. The Purchasing Managers’ Index (PMI)...
This was N6.88 trillion or 19.7% higher than the N34.92 trillion facility offered to the sector in the 2021 financial year.
The Central Bank of Nigeria (CBN) has said credit to the private sector rose to N37.13tn as of April 2022 as banks increase lending to the...
To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African, European, multilateral and bilateral partners today launched the...
The Central Bank of Nigeria, CBN has disclosed that private sector loans from Nigerian banks increased by N5.58 trillion in 2021 ending as it recorded N35.73...
Private sector investment across Africa, essential to tackle the impact of COVID and unlock sustainable growth, will be accelerated by new financing totalling EUR 62 million...