Business News

Abuja, Nigeria The Federal Government has unveiled a $1 billion credit facility under the African Continental Free Trade Area (AfCFTA) Adjustment Fund to support Nigerian businesses seeking to expand production, strengthen competitiveness, and increase exports across African markets. The announcement was made in Abuja by the Minister of Industry, Trade and Investment, Jumoke Oduwole, during […]

Abuja, Nigeria The Nigerian Senate has begun work on a new law that will regulate cryptocurrency and other digital asset businesses in the country. On Wednesday, June 10, 2026, senators passed the proposed Digital Assets Bill for second reading, moving it to the next stage of the lawmaking process. If eventually approved, the law will

Lagos, Nigeria FCMB Group has reported a strong financial performance, recording a profit before tax of N86.99 billion in the first three months of 2026. This is a major increase from the N35.02 billion it made during the same period in 2025. The bank’s profit after tax also rose sharply to N76.53 billion, up from

Federal Workers To Get Support For Rent, House Renovation And Home Ownership ABUJA, NIGERIA The Federal Government and the Federal Mortgage Bank of Nigeria (FMBN) have signed a N10 billion agreement to help federal civil servants get better access to affordable housing across the country. The new housing package is expected to support workers with