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The African Export-Import Bank has provided a 25-million-dollar lending facility to SMEs in Nigeria through Woodhall Capital under its Export SME development financing. 

Afreximbank issues $25mn facility to Woodhall Capital for Nigeria SMEs

The Emerging Africa and Asia Infrastructure Fund (EAAIF) has invested $28 million and acted as the sole impact investor in an oversubscribed 300-million-dollar capital market maiden bond issue by Africell. 

EAAIF invests $28mn in Africell’s debut bond issuance

The Nigerian Senate confirmed the nomination of seven ministerial nominees forwarded to it by President Bola Tinubu for appointment as Ministers and members of the Federal Executive Council. 

Nigeria’s senate confirms 7 ministerial nominees

Norrenberger has listed its Islamic and Turbo Mutual Funds on the Nigerian Exchange citing the funds’ maturity level and growth potential for investors. 

Norrenberger lists mutual funds on NGX

George Hampton, the Executive Director for Global Policy and Multilateral Initiatives at The UN Foundation, joins CNBC Africa for this discussion the progress of the pact and more.

How can the pact of the future deliver for everyone?

The Chief Economist of the Africa Export-Import Bank, Yemi Kale reiterates the importance of the AfCFTA to Africa, growth and development. 

Kale: AfCFTA implementation to drive Africa’s development

Wale Tinubu, the CEO of Oando, says the integration of Oando and Eni’s Subsidiary, Nigerian Agip Oil Company is currently ongoing since the completion of the 783-million-dollar acquisition.  

Tinubu: Oando-NAOC deal currently at integration stage

The Former Vice President of Nigeria, Yemi Osinbajo says the African Continental Free Trade Area and progress around climate positive growth are examples of Africa speaking with one voice. 

Osinbajo: AfCFTA, climate positive growth show Africa speaking with one voice

The International Monetary Fund says effective revenue mobilisation, setting up broad-based and fair tax systems are key to meet spending needs of emerging market and developing economies, which have considerable untapped tax potential. 

IMF: Mobilising revenues, fair tax systems key to meet spending needs

Nigeria’s public debt stock rose 10.3 per cent quarter-on-quarter to 134.3 trillion naira by the end of the second quarter of this year. 

Can Nigeria curb rising debt stock?

The Federal Government has proposed a five per cent excise duty on telecommunications services, gaming, and betting activities as part of a new tax bill. 

Nigeria mulls 5% excise duty on telecom services

Airline Operators in Nigeria have confirmed that they have begun purchasing Jet A1 fuel from Dangote refinery. 

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