Business Hilights

Tracking Nigeria's Headline Business News Online

Creative Industry Financing Initiative (CIFI)

3 months after, no signal from Bankers Committee on National Theatre

In September last year the Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele told Nigerians that it has sealed strong understanding with the Nigerian Bankers Committee (NBC) to invest a whooping N22bn in the redevelopment of moribund National Theatre,…

Access Bank leads others to flag off CBN’s N22bn creative Nigeria project today

Pursuant to their plan to financially empower the Nigerian creative industry sub-sector, all is set for the inauguration of the Central Bank of Nigeria’s (CBN) N22bn strategic intervention fund in partnership with banks today in Lagos. Hint of today’s inauguration…

CBN’s CIFI may resuscitate ailing SMEs, start-ups if…—Dev Economist

A Lagos Development Economist, Dr Leonard Dakoru, has hailed the recent effort of the Central Bank of Nigeria (CBN) in the flotation of Creative Industry Financing Initiative (CIFI) funding scheme for SMEs and start-ups. The scheme which is designed to…