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FG unlocks $600m to finance creative, digital enterprises

The Federal Government is unlocking over $600m in financing for Nigeria’s digital and creative industries to support businesses, attract private investment and expand the sectors’ contribution to the economy. Read More: https://punchng.com/fg-unlocks-600m-to-finance-creative-digital-enterprises/

FG unlocks $600m to finance creative, digital enterprises

The Federal Government of Nigeria is unlocking $600 million in financing for its digital and creative industries, with the aim of supporting businesses, attracting private investment, and expanding the sectors' contribution to the economy. Minister of Industry, Trade and Investment Dr Jumoke Oduwole announced this at the opening of the 2026 Creative Africa Nexus Weekend in Lagos.

The financing is being facilitated through the Bank of Industry under the Investment in Digital and Creative Enterprises (IDiCE) programme, which targets young entrepreneurs and businesses in the technology and creative sectors through enterprise support, skills development, access to finance, and infrastructure.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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