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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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Boko Haram Attack Kills Army General, Several Soldiers in Borno Military Base Assault

KEY POINTS Boko Haram insurgents attacked a military base in Benesheikh, Borno, killing Brigadier-General...
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ADC Leadership Crisis Deepens as Gombe-Led Faction Protests at INEC Headquarters

KEY POINTS A Nafiu Gombe-led ADC faction protested at INEC headquarters, demanding recognition as...
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Nigeria’s North-East recorded nearly 2,000 IED explosions in seven years, new report reveals

Nearly 2,000 explosive device incidents hit Nigeria's North-East over seven years, with road-planted IEDs accounting for the largest share of attacks throughout the period.
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Dino Melaye says INEC has become a department of APC, demands chairman’s exit

Dino Melaye accused Nigeria's electoral commission of operating as an arm of the ruling APC, calling for the chairman's removal over alleged bias.
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David Mark leads mass protest at INEC as ADC demands chairman’s resignation over democracy fears

David Mark led opposition figures to INEC's Abuja headquarters Wednesday, demanding the electoral commission chairman's resignation over alleged interference in party affairs
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Gunmen kill at least 20 in Niger State, attack miners in Plateau as Kebbi communities burn

Gunmen riding motorbikes swept into Bagna and Erena villages before dawn Tuesday, killing at least 20 people and sending residents fleeing to nearby towns.
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NISO drives transmission losses down to 7.05 percent

Nigerian Independent System Operator MD Abdu Mohammed Bello says the agency has cut transmission losses to 7.05 percent from near 10 percent at its inception, saving the electricity market between N5 billion and N8 billion monthly.
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Nomadic education crisis threatens 10 million Nigerian children

Nigeria's nomadic education crisis has deepened, with over 10 million children in nomadic and migrant communities cut off from classrooms. Abandoned schools, chronic underfunding and insecurity have eroded decades of progress.
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Dangote Refinery Denies Fresh Petrol Price Hike

KEY POINTS Dangote Refinery denied reports of a fresh petrol and diesel price increase,...
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INEC logs 3.4 million new voter registrations nationwide

Nigeria's electoral commission has logged 3,441,121 new registrations in the second phase of its continuous voter registration exercise as of April 3. Citizens aged 18 to 34 account for 68.43 percent of all new sign-ups.
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Zamfara Assembly Suspends Two LGA Chairmen Over Alleged Financial Misconduct

KEY POINTS Zamfara Assembly suspended the chairmen of Kaura Namoda and Bukkuyum councils over...
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Mark-led ADC Faction Meets Turaki-led PDP Bloc in Abuja Over Possible 2027 Alliance

KEY POINTS Mark-led ADC faction met Turaki-led PDP bloc in Abuja to explore possible...
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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.