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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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SEREC warns Nigeria could lose cargo to Benin, Togo ports

SEREC has warned that persistent port inefficiencies could push as much as 25 percent of Nigeria-bound cargo to Benin and Togo within two years.
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Terrorists kill three soldiers, steal army gun truck in Kwara as attacks rage across Plateau and Benue

Suspected Ansaru terrorists killed three soldiers and seized an army gun truck during a two-hour pre-dawn firefight in Kemanji community, Kaiama, Kwara State.
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4,691 Nigerian doctors move to UK since 2023, GMC says

More than 4,600 Nigerian doctors have moved to the UK since May 2023, costing Nigeria an estimated $98.5 million in training investments.
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Amnesty: 1,100 Nigerians kidnapped in three months in 2026

Amnesty International says at least 1,100 people were kidnapped across northern Nigeria in just three months, urging President Tinubu to urgently address the abduction crisis.
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JAMB Apologises for UTME Result Delay

KEY POINTS JAMB apologised for delaying the release of Friday’s UTME results, blaming it...
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Shekarau Dumps PDP, Moves to Rejoin APC

KEY POINTS Ibrahim Shekarau has left the PDP and is set to rejoin the...
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Rainstorm Knocks Out Lagos–Osun Power Line as TCN Declares Force Majeure

KEY POINTS A rainstorm caused the collapse of a transmission tower on the Ikeja...
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How Seriki Gambari built Kursi into a gold mining power

Abdulfatai Yahaya Seriki Gambari started mining in Nigeria as a teenager and built Kursi Investments into the country's largest indigenous gold operation.
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NIMASA gets Tinubu nod to disburse $25m Cabotage fund

President Tinubu has cleared NIMASA to begin disbursing the $25 million Cabotage Vessel Financing Fund, which officials say will unlock shipowner financing and 30,000 jobs.
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Troops rescue 13 kidnapped Benue bus passengers including UTME candidates from forest

Nigerian Army troops have rescued 13 passengers kidnapped from a Benue Links commercial bus, including eight UTME candidates, from a forest in Ohimini Local Government Area.
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NDLEA finds cocaine hidden in food flasks at Lagos airport, arrests three suspects

NDLEA operatives found 2.80 kilograms of cocaine hidden in the false bottom of food flasks bound for the United Kingdom from Lagos airport.
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FCCPC denies airtime credit ban after MTN suspends Xtratime

Nigeria's FCCPC says it has not banned airtime or data advance services, calling MTN Nigeria's Xtratime suspension a compliance decision by the operator, not regulation.
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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.