World Bank Unveils $1.25bn Nigeria Package, Seven-Year Partnership To Drive Jobs, Private Investment

World Bank approves $1.25bn for Nigeria to boost reforms, investment, jobs

By Yinka Kolawole, with agency report The World Bank has approved a fresh 1.25 billion financing package for Nigeria to support ongoing economic reforms, stimulate private investment and accelerate job creation. The funding, approved under the Nigeria Actions for Investment and Jobs Acceleration (NAIJA) programme, forms a key component of the World Bank’s new Country [] The post World Bank approves 1.25bn for Nigeria to boost reforms, investment, jobs appeared first on Vanguard News.

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

One Street Studios Named by Afreximbank and Fund for Export Development in Africa (FEDA) as Co-General Partner of the Pan African Film Fund Aiming to Mobilise up to US$1 Billion

CAIRO, July 9, 2026 /PRNewswire/ — African Export-Import Bank (Afreximbank) (www.Afreximbank.com), through its development impact investment arm, the Fund for Export Development in Africa (FEDA), today announced the appointment of One Street Studios as the Co-General Partner of the Pan African Film Fund. This Fund aims to mobilise up to US1 billion for Africa’s film and creative []

BoG injects $2.01bn into forex market as cedi records first monthly gain of 2026

The Bank of Ghana (BoG) injected 2.01 billion into the foreign exchange market in June 2026 to meet rising demand and support the stability of the cedi.

👨🏿‍🚀TechCabal Daily – Holcim’s billion dollar windfall

In today’s edition: Nigeria’s Central Bank fines 29 banks 9 million || CBN to penalise banks for cash shortages || Holcim to sell its Lafarge business for 1 billion || Nigerian BDCs to buy forex from authorised sellers

World Bank Approves $1.25 Billion Loan for Nigeria Under Jobs Program

The World Bank has approved a seven-year 1.25 [] The post World Bank Approves 1.25 Billion Loan for Nigeria Under Jobs Program appeared first on The Media Line.

Nigerians can acquire vehicles with 10% deposit under Access Bank financing initiative

Nigerians will be able to acquire vehicles with as little as a 10 per cent deposit and receive financing approval under a new vehicle financing initiative launched by Access Bank, which offers funding of up to 90 per cent of a vehicle’s value and repayment tenures of more than four years. Speaking at AutoFest, the [] Nigerians can acquire vehicles with 10 deposit under Access Bank financing initiative

Nigeria Roars Back: Foreign Investment Doubles to $4 Billion

For years, the conversation around foreign investment in Nigeria has been dominated by caution — currency volatility, policy unpredictability, and capital that preferred to watch from the sidelines. That conversation is shifting. Nigeria has returned to Africa’s top five destinations for foreign direct investment, with inflows more than doubling to just over 4 billion, driven []

Bank Of Industry Report Shows N645bn Funding Created 1.68 Million Jobs In 2025

Annual Bank of Industry impact report highlights financing for businesses, startups and infrastructure while driving employment and economic transformation across Nigeria.

ExxonMobil to Invest $1 Billion in Nigeria

ExxonMobil and its partners will invest 1 billion in the Usan Infill Project offshore Nigeria, a development expected to add about 40,000 barrels per day (bbl/d) of crude oil production. ExxonMobil Nigeria Managing Director Jagir Baxi confirmed the investment commitment during an industry conference in Abuja, Nigeria. The investment marks ExxonMobil’s return to drilling activity [] The post ExxonMobil to Invest 1 Billion in Nigeria first appeared on Egypt Oil Gas.

World Bank Unveils New Partnership Framework for Nigeria

The World Bank Group has launched a new Country Partnership Framework (CPF) for Nigeria spanning 2026–2032. Also approved is a 1.25 billion Nigeria Actions for Investment and Jobs Acceleration (NAIJA) Development Policy Financing (DPF) operation, aimed at driving investment, economic growth and large-scale job creation. The new framework is designed to support Nigeria’s efforts to [] The post World Bank Unveils New Partnership Framework for Nigeria appeared first on Voice of Nigeria.

Afreximbank, IBDL Sign Strategic Partnership to Develop Africa's Next Generation of Trade Leaders

The African Export-Import Bank (Afreximbank) and IBDL Learning Group have signed a strategic Memorandum of Understanding (MoU) aimed at strengthening Africa's human capital by equipping professionals, entrepreneurs, businesses, and public institutions with the skills needed to accelerate trade, industrialization, and economic transformation across the continent.

Major boost for Nigeria as World Bank approves $1.25 billion reform financing

World Bank approves 1.25 billion for Nigeria's economic reforms, targeting job creation, investment boost, and growth in power, agriculture, and digital sectors.

Can the IMF help Africa break the debt cycle? {Business Africa}

Can the International Monetary Fund finally help Africa break out of its multi-generational loop of rescue and repayment and here is how Nigerian businesses are using stablecoins to bypass traditional banks to fight inflation.

EthSwitch Reports ETB 2.6 Billion Profit as Ethiopia’s Digital Payments Boom Accelerates

EthSwitch, Ethiopia’s national payments switch, has reported a gross profit before tax of ETB 2.6 billion for the 2025/26 financial year, highlighting the rapid growth of interoperable digital payments in one of Africa’s largest and fastest-growing economies. During the year, the company processed 387 million interoperable transactions worth ETB 1.26 trillion, reflecting increasing adoption of []