World Bank has committed $1.2 billion to Nigeria’s Adolescent Girls Initiative for Learning and Empowerment (AGILE), a groundbreaking program aimed at improving secondary education for over 8.6 million girls across 18 states. By addressing barriers like poverty, cultural norms, and inadequate infrastructure, AGILE is building schools, promoting gender equality, and empowering girls to become catalysts for change.
A business plan is more than just a document—it’s the foundation of your business and the key to unlocking investor support. Whether you’re launching a startup or scaling an existing venture, a well-crafted plan can open doors to funding, partnerships, and growth. In this guide, we’ll walk you through 10 actionable steps to create a business plan that not only informs but also inspires.
FCMB Group announced a strong financial performance for 2024, with pre-tax profit rising to N117.2 billion, a 12.32% increase from 2023. Gross earnings grew by 53.93% to N794.8 billion, driven by a 75.08% surge in interest and discount income. The group also recorded a remarkable 568.48% increase in net trading income, showcasing its resilience and growth in a challenging economic environment.
President Tinubu has secured $70 million from the IFC to fund mini-grid projects, marking a major step in Nigeria’s renewable energy expansion. Meanwhile, NNPCL is set to construct five mini-LNG plants in Ajaokuta to enhance power generation and clean cooking access.
Applications are now open for the Tony Elumelu Entrepreneurship Programme (TEEP), offering African startups training, mentorship, and $5,000 seed funding. Join a network of 10,000 entrepreneurs driving innovation and economic growth across the continent. Apply today!
Stanbic IBTC Holdings Plc is set to recapitalize its fintech subsidiary, Zest Payments, with ₦4 billion to enhance its competitiveness in Nigeria’s fintech space. Despite lagging behind peers like Hydrogen and HabariPay, Zest aims to leverage this investment to boost its e-commerce and payment solutions, paving the way for future profitability.
This strategic acquisition aims to enhance services, expand infrastructure, and tap into Nigeria’s booming digital market. Customers can expect a seamless transition as both companies work together to drive innovation and growth in Africa’s tech sector.