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ECOWAS Bank approves over $267m for projects in Nigeria, Ghana, others
The ECOWAS Bank for Investment and Development (EBID) has approved $266.7 million and another XOF30 billion to support a portfolio of strategic infrastructure projects in Nigeria, The Gambia, Ghana, Senegal, and Côte d'Ivoire.
CBN, banks, fintechs launch joint platform to fix payment gaps
•Unveil new payments vision as PSPC takes off By Babajide Komolafe The Central Bank of Nigeria (CBN), commercial banks and financial technology (fintech) operators have launched a joint industry platform aimed at addressing structural gaps in the nation’s payment system, even as the apex bank disclosed plans to unveil a new payments vision to drive the next […]
World Bank approves $500m credit for Nigeria’s smallholder farmers
The World Bank says it has approved a $500 million credit facility for Nigeria through the International Development Association (IDA) to support the implementation of the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) project. In a statement on its website, the bank said the initiative is designed to increase smallholder farmers’ productivity, strengthen agricultural value chains, […]
Cooking gas price rises 13% to N1,500 per kg
…As dealers lament poor sales By Mariam Adebukola The price of Liquefied Petroleum Gas, LPG, also known as cooking gas has increased by 14.3 percent on a month-on-month, MoM, basis, to N1,500 per kilogram, from N1,300 recorded last month. However, the ex-depot price of the product increased by 16.7 percent on a MoM basis to N21 million […]
Stakeholders call for inclusive, cross-border strategies to tackle insecurity in West Africa
Stakeholders at a regional dialogue on peace and security have called for stronger collaboration, inclusive participation, and enhanced cross-border cooperation to address rising insecurity and violent extremism in West Africa.
NNPC to increase crude oil supply to Dangote Refinery to seven cargoes
By Udeme Akpan, Energy Editor The NNPC Limited has concluded plans to increase crude oil allocation to the Dangote Petroleum Refinery to seven cargoes in May 2026, up from the five cargoes supplied in previous months. The move, it was gathered, reflects NNPC’s commitment to prioritising domestic crude supply in the coming months. However, reacting in an […]