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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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Makinde Promises Safe Return of Abducted Oyo Pupils, Teachers

KEY POINTS Governor Seyi Makinde has assured residents that the Oyo State Government is...
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Erosion Cuts Off Oji–Awgu Highway

KEY POINTS Heavy rainfall triggered severe erosion that cut off a section of the...
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Forest routes are fueling kidnappings across South-West

Forests and porous borders across Oyo, Osun, Ogun and Ekiti are fueling a wave of South-West kidnappings, a Saturday PUNCH investigation has revealed.
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Tinubu at Three Years: Nigeria on the Path to Recovery Despite Challenges

KEY POINTS President Bola Tinubu says Nigeria is undergoing difficult but necessary reforms that...
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Teachers, Pupils’ Abduction Sparks Protest in Oyo

KEY POINTS Teachers and civil society groups staged a peaceful protest in Ibadan Protesters...
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Armed Robbers Kill Driver on Enugu-Abakaliki Highway

KEY POINTS Armed robbers shot dead a commercial driver and robbed passengers on the...
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Dangote and Benedict Peters Emerge as Biggest Winners of Hormuz Crisis

KEY POINTS The Hormuz crisis has tightened global oil supply, increasing demand for Nigerian...
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Petrol price hit N1,532.93 per liter in April, NBS says

Nigeria's average petrol price climbed to N1,532.93 a liter in April, up nearly 19 percent on March, while diesel jumped more than 50 percent, NBS says.
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NCDC places Lagos, FCT, eight states on Ebola alert

The NCDC has placed Lagos, the FCT and eight other states on high Ebola alert after the rare Bundibugyo strain broke out in Uganda and DRC.
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AfDB picks Keyamo to lead $7bn aviation transformation

The AfDB has named Nigeria's Aviation Minister Festus Keyamo as African champion of a $7bn programme to modernize the continent's aviation sector, citing recent reforms.
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FG Condemns Oyo, Borno Student Abductions

KEY POINTS Federal Government condemned the abduction of students in Oyo and Borno states. ...
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US Defence Chief Links Anti-Boko Haram Operations to Protection of Nigerian Christians

KEY POINTS The US Defence Secretary said President Trump ordered operations against ISIS fighters...
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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.