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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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Agriculture records 3.15 percent GDP growth to N11.87trillion in first quarter

Nigeria's agricultural sector grew 3.15 percent year-on-year to N11.87trn in the first quarter of 2026, with crop production leading the gains at N8.9trn, the NBS says.
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Nigeria among world’s most expensive countries for airline operations, says IATA

IATA has named Nigeria one of the world's most expensive countries for airline operations, blaming high taxes and charges that keep local carriers from competing.
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Sugar tax will worsen manufacturers’ plight, LCCI warns

The Lagos Chamber of Commerce and Industry warns that the Senate's Sugar-Sweetened Beverage tax bill could worsen the challenges facing Nigeria's manufacturing sector.
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Gunmen Abduct LG Worker, Filling Station Attendant in Ondo

KEY POINTS • Akure North council staff abducted at his home in Ilu-Abo• Gunmen also...
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39 Zamfara Residents Abducted During ‘Reconciliation’ Meeting With Bandits

KEY POINTS • 47 residents visited bandit camp for peace talks in Fadama Forest• Bandit...
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Abducted Ogbomoso Principal Denies N1bn Ransom, Sharia Demands

KEY POINTS • Principal says kidnappers only want detained gang members released • Claims of N1bn...
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Oyo Demolishes Kidnappers’ Hideout After Rescue of Adelabu’s Relatives

KEY POINTS • Oyo demolishes house used to hold kidnapped victims • Police rescue Adelabu’s sister...
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Three Killed in Warri-Itakpe Train Derailment

KEY POINTS • Three passengers confirmed dead in train accident • Emergency teams deployed to rescue...
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WAEC Warns Schools Against Extorting WASSCE Candidates

KEY POINTS • WAEC condemns illegal fees imposed on candidates • Schools charging for free calculators...
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IPOB Claims Nigerian Government Admits Court Lacked Jurisdiction in Nnamdi Kanu Case

KEY POINTS IPOB says its leader, Nnamdi Kanu, agrees with an alleged admission by...
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Nigeria Records No Confirmed Ebola Cases

KEY POINTS The NCDC says there are currently no confirmed cases of Ebola in...
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Atiku Slams Babachir Over Ethnic Remarks, Warns Against Division

KEY POINTS Atiku Abubakar has condemned former SGF Babachir Lawal for what he described...
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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...
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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.