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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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FG Predicts 1.5 Million Tertiary Admissions After UTME Exemption Reform

KEY POINTS The Federal Government says exempting NCE and some agricultural course applicants from...
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Gunmen Invade Ogun Estate, Kidnap Three Members of Same Family

KEY POINTS Suspected gunmen abducted three members of a family during an attack on...
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Bello urges states to copy Lagos’s estimated billing ban

FCCPC chief Tunji Bello backed Lagos State's decision to end estimated billing and urged other states to roll out compulsory smart metering from 2026.
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Oyedele: new Tax Acts target trust, not just revenue

Finance Minister Taiwo Oyedele said Nigeria's new Tax Acts target public trust, simplified compliance and relief for low earners, not just higher revenue collection.
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Oloworaran warns 23 states over stalled pension reform

PenCom DG Omolola Oloworaran said only seven states and the FCT fully implement the Contributory Pension Scheme, leaving 23 states' civil servants in limbo.
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Britain has no preferred candidate for Nigeria 2027 – Lever

British Deputy High Commissioner Gill Lever said the UK has no preferred candidate in Nigeria's 2027 elections and will not interfere in the vote.
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Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.
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Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by...
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Adeleke Dethrones Osun Monarch Jailed in US Over COVID-19 Fraud

KEY POINTS Governor Ademola Adeleke has removed the Apetu of Ipetumodu after his conviction...
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Tinubu Appoints Fadewa as Homeland Security Adviser

KEY POINTS President Tinubu has appointed retired Major General Adeyinka Fadewa as Special Adviser...
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Ex-Jigawa Lawmaker Dies in Bandits’ Captivity

KEY POINTS Former Jigawa lawmaker Abba Anas died while in bandits’ captivity after being...
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AltBank rolls out non-interest financing for drug makers

AltBank's Jekwu Ozoemene unveiled tailored non-interest financing for Nigerian pharmaceutical manufacturers, aiming to cut Africa's 97 percent dependence on drug imports.
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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.