Category : Search result: InterAmerican Development Bank


Kaduna 2026 Budget: N100m Allocated to Each Ward

Kaduna State's 2026 budget allocates N100m to each of its 255 wards for grassroots projects. Education receives the largest share at 25% of the N985.9bn budget. Read details of the historic plan.

No Bank Shutdowns from CBN Recapitalisation - ACAMB

The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.

World Bank Approves $500m for Nigerian MSMEs

The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.

Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

World Bank Boosts Funding for Nigeria's Skills Project

The World Bank has approved additional financing for Nigeria's SPESSE project, citing its 'satisfactory' performance in bridging critical skills gaps in procurement and environmental standards. Over 85,000 Nigerians have been trained.

FG Launches Working Group for Regional Development

The Ministry of Regional Development has inaugurated a Core Working Group to coordinate policies and promote inclusive growth across Nigeria's geopolitical zones. Learn about the strategy.

Tinubu Makes Fresh Appointments to Key Federal Boards

President Bola Tinubu has approved new appointments to the boards of UBEC, the Bank of Agriculture, and the National Agricultural Development Fund (NADF). Get the full list of appointees and their geopolitical zones here.

Fast Ways to Block Your Union Bank Account

Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.

$5B Africa Energy Bank HQ Complete in Abuja

Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.

CBN sells $36.60m to banks amid naira depreciation

Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.

NACETEM Plans Tech Training for 1 Million Nigerians

NACETEM unveils a 5-year plan to equip 1 million Nigerians with tech, innovation, and entrepreneurship skills. This initiative aims to boost national competitiveness and create a skilled workforce for a knowledge-driven economy. Learn more about this tran

NACETEM Plans Tech Training for 1 Million Nigerians

NACETEM unveils a 5-year plan to equip 1 million Nigerians with tech, innovation, and entrepreneurship skills. This initiative aims to boost national competitiveness and create income opportunities.

NRC and SWDC to Revive Southwest Rail Routes

Nigerian Railway Corporation collaborates with Southwest Development Commission to operationalize unserviced railway routes, boost regional connectivity and economic growth in Southwest states.

Court Orders Police Out of Nestoil Premises

Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.

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