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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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How Nigeria’s Oil Palm Sector Can Boost Economy and Environment

Nigeria’s oil palm sector has the potential to contribute to the country’s economic and...
Business

Senate Slams NAIC for Financial Irregularities

The Nigerian Agricultural Insurance Corporation (NAIC) has come under fire from the Senate Committee...
Business

Nigeria Partners with John Deere to Boost Local Tractor Production

Nigeria has signed a Memorandum of Understanding (MoU) with John Deere, a leading global...
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Nigeria’s Power Sector Gets a Boost with $2.2 Billion Solar Deal

Nigeria, Africa’s most populous nation and largest economy has been struggling with chronic power...
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How Nigeria Can Cash In on the Mobile Money Boom, According to Morgan Stanley 

Nigeria has the potential to become a leading player in the mobile money market,...
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Nigeria’s Inflation Hits New High, Food Prices Soar

Nigeria’s inflation rate has risen for the 10th consecutive month, reaching 27.33% in October,...
Business

Hi-Tech Triumphs in FCMB’s Groundbreaking Hackathon

Team Hi-Tech wins FCMB Hackathon with innovative Padi4Life financial solution
Business

Nigeria’s E-Commerce Surge Empowers Small Businesses During Black Friday

E-commerce revolutionizes Black Friday for small businesses in Nigeria
Business

Lagos Boosts Small Businesses with N8.4bn Loan in Four Years

Lagos State, the commercial hub of Nigeria, has injected N8.4 billion into the growth...
Business

How Panama Canal Crisis Could Trigger Cooking Gas Shortage in Nigeria

The Panama Canal, a vital waterway that connects the Atlantic and Pacific oceans, is...
Business

Nigeria’s inflation crisis: How to survive the soaring prices

Nigeria, Africa’s largest economy, is facing a severe inflation crisis that is eroding the...
Business

Boosting Non-Oil Trade: Sterling Bank and Afreximbank Ink $75 Million Deal

Sterling Bank Plc, one of Nigeria’s leading commercial banks, has signed a $75 million...
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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.