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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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SEC and NYSC sign MoU to fight Ponzi schemes

The Securities and Exchange Commission and the NYSC have signed an MoU to train corps members as financial literacy facilitators and protect young Nigerians from fraudulent investment schemes.
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Nigeria’s manufacturing share of GDP slips to 8.05 Percent in 2025

Nigeria's manufacturing sector slipped to an 8.05 percent share of real GDP in 2025, falling from 8.24 percent the previous year even as output posted a slight improvement.
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Security Group Warns of Planned Terrorist Attacks in Three Kwara LGAs

KEY POINTS A security group warned of suspected coordinated terrorist attacks targeting Ifelodun, Irepodun...
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African Democratic Congress Kicks Off Sale of Nomination Forms Ahead of National Convention

KEY POINTS The African Democratic Congress has begun selling nomination and expression of interest...
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Veteran Actor Abiodun Ayoyinka Rebrands as Bondu Alaska

KEY POINTS Abiodun Ayoyinka has rebranded from “Papa Ajasco” to “Bondu Alaska” due to...
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Tinubu Hosts Governors, Pledges Intensified Action Against Insecurity

KEY POINTS President Tinubu pledged intensified efforts against insecurity, engaging international partners for equipment...
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Bayero University expels 171 students for falsifying credentials

Bayero University Kano has expelled 171 students for falsifying admission entry qualifications, following an investigation approved at the university's 433rd Senate meeting on March 4, 2026.
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Why Nigerians abroad now order clothes, shoes and food directly from Nigeria

Soaring costs of living abroad are driving Nigerians in the diaspora to order clothing, food and accessories directly from home.
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Terrorists abduct nine worshippers at Kwara church, security forces rescue three

Suspected terrorists stormed an ECWA church in Kwara State on Sunday morning, abducting nine worshippers during an ongoing service.
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Peter Obi calls El-Rufai’s detention political persecution, demands rule of law

Peter Obi has condemned the continued detention of ex-Kaduna governor Nasir El-Rufai, calling it politically motivated persecution.
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Nigeria’s power DisCos lost N2.35trn in two years as blackouts deepen across the country

Nigeria's electricity distributors have recorded N2.35 trillion in combined losses over two years, worsening a deepening national power crisis.
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Navy seizes 44,000 litres of illegal fuel, arrests eight in Rivers

The Nigerian Navy intercepted 44,000 litres of suspected illegally refined diesel and arrested eight suspects in Rivers State during an intelligence-driven patrol under Operation Delta Sentinel.
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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.