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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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Court voids CBN’s removal of Union Bank board

A Federal High Court in Lagos has nullified the CBN's January 2024 removal of Union Bank's board and ordered the immediate reinstatement of the bank's former leadership.
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Court Adjourns El-Rufai Fraud Case to March 31 as Ex-Kaduna Governor Files Bail Application

KEY POINTS A Federal High Court in Kaduna adjourned Nasir El-Rufai’s alleged fraud case...
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Labour Party Signals 2027 Presidential Ticket Will Emerge from Southern Nigeria

KEY POINTS Labour Party initially indicated its 2027 presidential ticket would be zoned to...
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Power Minister Adebayo Adelabu Apologises to Nigerians Over Persistent Outages

KEY POINTS Power Minister Adebayo Adelabu apologises for widespread electricity outages affecting homes, businesses,...
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Nigeria, Finland Sign MoU to Boost Digitalisation

KEY POINTS Nigeria and Finland sign a MoU to enhance digitalisation, innovation, cybersecurity, and...
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Troops arrest 18 suspected Boko Haram logistics suppliers in Borno

Troops in Borno arrest 18 suspected Boko Haram logistics suppliers, highlighting links between unemployment and support for insurgent operations.
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UN to vote on resolution declaring transatlantic slave trade ‘gravest crime against humanity’

UN General Assembly prepares to vote on a resolution declaring the transatlantic slave trade the gravest crime against humanity.
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Ozoro festival sparks outrage as police arrest 15 over alleged harassment, community denies rape claims

Police arrest 15 after Ozoro festival controversy as community denies rape claims, says youths hijacked event to harass women
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Plateau launches roadmap to end farmer-herder conflict as fresh attack kills two in Riyom

Plateau launches conflict resolution roadmap as gunmen kill two in Riyom, underscoring persistent farmer-herder violence and insecurity challenges
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Tinubu urged to probe journalist assault

SERAP has urged President Tinubu to order a probe into the alleged assault of a journalist in Niger State, calling for accountability and justice.
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Oyedele says tax reform must expand opportunity

Finance Minister Taiwo Oyedele says Nigeria's tax reforms will be judged by how fairly they expand opportunity, not by how much revenue they generate.
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IGP Disu redeploys senior police officers nationwide

IGP Olatunji Disu has ordered sweeping postings of senior police officers across Nigeria, covering AIGs and commissioners in state commands and headquarters departments.
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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.