NIGERIA Archives - News Desk Nigeria

Nigeria Launches Single-Digit Loan Scheme for 6,122 MSMEs

NewsDeskNgFeb 18, 2026February 18, 20260

Nigerian government unveils single-digit loan programme targeting 6,122 MSMEs to boost productivity, youth entrepreneurship and job creation. The Federal Government has unveiled a new financing initiative designed to strengthen Nigeria’s entrepreneurial ecosystem by granting 6,122 Micro, Small, and Medium Enterprises (MSMEs) access to single-digit interest loans under the SMEDAN Inspire–Create–Start–Scale...

Yemi Kale Urges Nigeria To Harness Bank Recapitalisation To Bridge $120bn Trade Finance Gap

NewsDeskNgFeb 18, 2026February 18, 20260

Kale says stronger bank capitalisation closes trade finance gap and accelerates Nigeria’s path to $1 trillion economy. The Group Chief Economist and Managing Director, Research and Trade Intelligence at Afreximbank, Dr. Yemi Kale, on Tuesday said Nigeria must strategically leverage the ongoing banking sector recapitalisation to help close Africa’s $80...

Nigeria Renews Backing For South Sudan Peace, Seeks Machar’s Release

NewsDeskNgFeb 16, 2026February 16, 20260

Tinubu urges release of South Sudan’s First Vice President Machar, pledges support for Gulf of Guinea security force. President Bola Tinubu has reaffirmed Nigeria’s commitment to the full implementation of the Revitalised Agreement on the Resolution of the Conflict in South Sudan, urging the immediate and unconditional release of the...

Nigeria And Angola Sign Visa Waiver Agreement For Diplomatic Passport Holders At AU Summit In Addis Ababa

NewsDeskNgFeb 15, 2026February 15, 20260

Nigeria and Angola formalise diplomatic visa waiver deal, boosting bilateral ties and easing official travel between both countries. Nigeria and Angola have formalised a new agreement to waive visa requirements for holders of diplomatic passports, marking a significant step in strengthening bilateral relations. The memorandum of understanding (MoU) was signed...

Guterres Urges Nigeria To Lead Africa’s Push For New Global Order

NewsDeskNgFeb 14, 2026February 14, 20260

UN chief António Guterres backs Nigeria’s Security Council bid, praises Tinubu’s reforms and regional security leadership at AU Summit meeting. United Nations Secretary-General António Guterres has urged Nigeria to take the lead in Africa’s push for a restructured global order, describing the country as uniquely positioned to guide the continent...

Report Warns Nigeria, 35 African Countries Face Fiscal Crunch

NewsDeskNgFeb 14, 2026February 14, 20260

A report by McKinsey says Nigeria and 35 African nations face tightening fiscal space as weak revenues widen deficits. Nigeria and 35 other African countries are facing tightening fiscal constraints that could limit their ability to fund development and respond to economic shocks, according to a report by McKinsey. The...

Nigeria To Begin Ward-Level Identity Number Enrollment February 16

NewsDeskNgFeb 11, 2026February 11, 20260

NIMC moves NIN registration to grassroots following presidential directive for expanded national identity coverage. The National Identity Management Commission (NIMC) has announced that it will commence nationwide ward-level enrollment for the National Identification Number (NIN) on Monday, February 16, 2026. The commission said the initiative follows a presidential directive mandating...

Nigeria govt denies apologising to Libya over Super Eagles’ detention at airport

NewsDeskNgOct 16, 2024October 16, 20240

The Nigerian government has denied a report claiming that it apologized to Libya, over their maltreatment of the Super Eagles, when they arrived in the North African country for a 2025 Africa Cup of Nations qualifier. This follows a story published by The Libya Observer on Tuesday, which claimed their...

Nigeria, Egypt sign MoU on defence industry cooperation

NewsDeskNgAug 28, 2024August 28, 20240

Nigeria and Egypt have signed a Memorandum of Understanding, MoU, to deepen defence industry cooperation. The sighing ceremony was held at the headquarters of the Ministry of Defence in Abuja on Wednesday. The Permanent Secretary Ministry of Defence, Dr Ibrahim Abubakar Kana signed for Nigeria while the Assistant Minister of...

Diplomats extol Nigeria’s approach to nationwide protests

NewsDeskNgAug 8, 2024August 8, 20240

Envoys of Côte d’Ivoire, Poland, Britain and the U.S. diplomatic missions have commended Nigeria’s strategic approach to the recent nationwide protests.The envoys disclosed this in separate remarks on Wednesday in Abuja when foreign affairs minister, Yussuf Tuggar briefed Heads of Diplomatic Missions on the protests. Ambassador of Côte d’Ivoire, Kalilou...