The Federal Government of Nigeria has reported securing over $380 million in investment commitments within the first 90 days of implementing the Nigeria Industrial Policy (NIP) 2025. This progress aims to enhance local manufacturing, exports, skills development, and industrial infrastructure, according to a report from the Office of the Federal Government.

Fidelity Bank Plc has reiterated its dedication to Nigeria's economic diversification by focusing on capacity building and export development. The bank hosted the 19th edition of its Export event to empower exporters and help them take advantage of opportunities presented by the African Continental Free Trade Area (AfCFTA).

Wema Bank has obtained a €50 million financing facility from EIB Global, the European Investment Bank's development arm, aimed at enhancing credit access for small and medium-sized enterprises (SMEs), particularly those owned by women and youth. The agreement was signed in Lagos and represents the first transaction between Wema Bank and EIB Global.

In the first quarter of 2026, Nigeria's manufacturing sector contributed significantly to government revenue, generating a total of N404.07 billion from Value Added Tax (VAT) and Company Income Tax (CIT). This included N329.59 billion from VAT and N74.48 billion from CIT, according to data from the National Bureau of Statistics (NBS).

Nigeria's Federal Government is preparing to charge a Bureau de Change (BDC) operator who has been sanctioned by the United States for allegedly funding ISIS. This decision follows extensive investigations conducted by the Economic and Financial Crimes Commission (EFCC) and other agencies.

According to a report by Omni, Nigeria's fast-moving consumer goods (FMCG) market has reached a value of $25 billion. However, only 18% of retailers in the sector have accessed formal credit. The report suggests that technology may play a crucial role in bridging this gap in financial access for retailers.