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Wema Bank secures €50m EIB facility to support SMEs

Wema Bank has secured a €50m financing facility from EIB Global to expand credit for small and medium-sized enterprises, focusing on youth- and women-owned businesses.
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Okowa Visits EFCC Over N1.3 Trillion Probe

KEY POINTS • Former Delta State Governor Ifeanyi Okowa visited the EFCC’s Lagos office over an ongoing investigation into the alleged diversion of about N1.3 trillion. • The probe reportedly centres on 13 per cent derivation funds received by Delta State between 2015 and 2023 during...

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Nigeria’s Tech Boom: How the Country Became Africa’s Largest Developer Hub

Nigeria, Africa’s most populous nation and largest economy has seen a remarkable surge in...
Business

Nigeria Launches $2.5bn Carbon Market Plan for Green Growth

Nigeria unveils ambitious plan to become a hub for carbon market investments, positioning for sustainable growth.
Business

Nigeria’s Central Bank Refuses to Settle $2.4 Billion of Fraudulent FX Claims

Nigeria’s Central Bank (CBN) has announced that it will not pay off $2.4 billion...
Business

CBN Implements Strict FX Regulations on Banks Amid Naira Depreciation

In a bold move, CBN tightens FX regulations for banks, aiming to curb naira's free fall and stabilize the Nigerian economy.
Business

CBN’s Bold $500M Move to Stabilize Forex Market

In an unprecedented move, Nigeria's Central Bank releases $500 million to revitalize the Forex market, targeting a robust economic upturn.
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Children Worldwide Invited to Design the Future of Mobility

Join the journey to the future with Toyota's Dream Car Art Contest, where children globally are invited to draw their visions of tomorrow's transportation
Business

Katsina State Invests N1 Billion in Small Businesses with SMEDAN’s Support

Small businesses in Katsina State are set to benefit from a N1 billion matching...
Business

Afe Babalola Sheds Light on $30M Fee for Recovering $300M Government Funds

Afe Babalola, a respected Nigerian lawyer, shares how he earned $30 million in a major government recovery case.
Business

Nigeria’s Tax Agency Unveils New Strategy to Boost Revenue Collection

Nigeria’s Federal Inland Revenue Service (FIRS) has announced a new organizational structure and a...
Business

US Businesses Eye Nigeria’s Tech Sector, Despite Challenges

Nigeria’s tech sector has attracted the interest of American entrepreneurs and companies, who see...
Business

Femi Otedola Reclaims Spot on Forbes List, Dangote Remains Africa’s Wealthiest

Nigerian tycoon Femi Otedola stages a remarkable return to the Forbes Africa list, while Aliko Dangote continues his reign as the continent's richest man.
Business

Enugu’s Progressive Partnership with IOM for Migrant Resettlement

In a groundbreaking move, Enugu State partners with the IOM to ensure safe return and reintegration of migrants, marking a significant stride in migrant welfare and community rebuilding
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Wema Bank secures €50m EIB facility to support SMEs

Wema Bank has secured a €50m financing facility from EIB Global to expand credit for small and medium-sized enterprises, focusing on youth- and women-owned businesses.
News

Okowa Visits EFCC Over N1.3 Trillion Probe

KEY POINTS • Former Delta State Governor Ifeanyi Okowa visited the EFCC’s Lagos office over...
News

Fidson hails BoI and EIB roles in expanding pharmaceutical manufacturing

Fidson Healthcare has commended the Bank of Industry and EIB for concessionary financing that has driven its growth in pharmaceutical manufacturing, jobs and green production.
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NIWA moves to clean up waterways and boost blue economy investment

NIWA has launched a comprehensive clean-up of Nigeria's inland waterways to tackle pollution, improve navigation safety and attract investment into the country's blue economy.