Zawya

The Central Bank of Nigeria says weak agricultural infrastructure in the country stems from farmers' difficulties in accessing finance. Limited credit keeps smallholders from investing in irrigation, storage and other basic infrastructure, according to the bank's assessment. The statement comes amid ongoing concern over food security and low agricultural productivity in Nigeria.

Nigerian banking experts are discussing why commercial banks must hold a percentage of customer deposits with the Central Bank of Nigeria. The reserve requirement is a core monetary policy tool, helping the central bank control liquidity, manage inflation and safeguard the banking system. Commentators are weighing the policy's impact on banks' lending capacity and the wider economy.

Oman has drafted a national law aimed at regulating and developing its space economy, according to a report carried by Zawya. The legislation would establish a legal framework for space activities in the Gulf state as regional governments compete to attract investment in satellites, launch services and space technology. Details of the draft's provisions and its timeline for approval have not yet been made public.