July 2024

IMF projects 3% growth for Nigeria in 2025

The International Monetary Fund (IMF) has projected three percent growth for Nigeria in 2025. Though this is lower than 3.1 percent growth projection for Nigeria in 2024, it is higher than growth estimates of most emerging markets (EMs), according to…

Access Bank obtains $50m to support SMEs

By Esther Agbo British International Investment (BII), the UK’s development finance institution and impact investor, has committed $50 million to Access Bank. This funding is part of a larger $295 million loan package arranged by FMO, the Dutch entrepreneurial development…