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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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Tinubu agrees to waive airline debts as Jet A1 fuel prices soar

Aviation Minister Festus Keyamo says President Tinubu has agreed to waive the debts Nigerian airlines owe to aviation agencies as Jet A1 fuel prices soar.
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Cruz accuses Nigerian officials of complicity in killing of Christians

US Senator Ted Cruz says Nigerian officials are complicit in killing Christians, while former minister Lai Mohammed insists Boko Haram has killed more Muslims.
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Edun and Dangiwa resigned from cabinet, presidency confirms

Wale Edun and Ahmed Musa Dangiwa resigned from Tinubu's cabinet on their own, the presidency says, denying reports that the President sacked the two ministers.
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Falaye opens NSITF help desk to fast-track civil service compensation

Nigeria's social insurance fund chief Oluwaseun Falaye has opened a new help desk to speed compensation claims for federal civil servants in treasury-funded ministries.
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Troops Foil Mob Attack on NSCDC Outpost in Plateau, Prevent Escalation of Violence

KEY POINTS Troops of the Nigerian Army foiled an attempted attack by angry youths...
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Cross River Tracks 10 Contacts of COVID-19 Patient

KEY POINTS A Chinese national working in Cross River tested positive for COVID-19 and...
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Senate Picks Tony Nwoye as Minority Whip

KEY POINTS The Senate appointed Tony Nwoye as Minority Whip following the defection of...
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Kidnapped UNIJOS Graduate Freed After 11 Days as Family Pays N10.3m Ransom

KEY POINTS A UNIJOS graduate was freed after 11 days in captivity following his...
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Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign...
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Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour...
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NAF Airstrikes Hit Sambisa Strongholds, Kill Terrorists and Destroy Key Bases

KEY POINTS Nigerian Air Force carried out precision airstrikes in Sambisa Forest, killing several...
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DSS Raises Alarm Over Planned Kidnap Attacks on Farmers in Kwara

KEY POINTS DSS warns of a planned increase in farmer kidnappings in parts of...
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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.