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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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Only 10 states publish local government budgets online, BudgIT

Only 10 Nigerian states publicly post local government budgets online, while 18 publish nothing at all, according to a new BudgIT transparency report.
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Benue IDPs to federal government: ‘If you can’t take us home, say it’

Hundreds of thousands of displaced Nigerians in Benue are rejecting aid packages and demanding the right to return home safely.
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Bello Turji orders Bargaja residents to flee as army steps in to halt mass displacement

Terrorist leader Bello Turji ordered Bargaja residents to flee or face death, triggering mass panic before the army intervened.
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South Africa, other nations turn to Dangote refinery for fuel supply

South Africa and several African governments are pursuing fuel supply contracts with Dangote Refinery as the Middle East war disrupts traditional supply routes from the Persian Gulf.
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Industry leaders to debate Nigeria’s aviation hub ambitions in Lagos

Key players in Nigeria's aviation industry will meet in Lagos on March 26 to examine how hub status could boost the sector's contribution to GDP.
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Lagos market generates N281bn in 2025 despite slowdown

Lagos's short-let market closed 2025 with N281 billion in revenue, falling short of earlier projections as rising supply squeezed occupancy rates despite steady underlying demand.
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Ozoro Community Denies Rape Allegations, Blames Youth Misconduct for Festival Harassment

KEY POINTS Ozoro community leaders denied rape allegations at the Alue-Do festival, saying only...
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Tinubu Signals Economic Recovery, Secures £746m Lagos Port Deal to Boost Trade and Investor Confidence

KEY POINTS President Tinubu says Nigeria has moved past economic uncertainty and is on...
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Netanyahu claims Iran can no longer enrich uranium or build missiles as US-Israel strikes enter day 20

Israeli Prime Minister Benjamin Netanyahu declared Iran incapable of enriching uranium or producing ballistic missiles after 20 days of strikes.
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Nigeria’s data regulator threatens to sanction TikTok, X and Meta over street content privacy breaches

Nigeria's data protection agency ordered social media platforms to curb unauthorized filming of unsuspecting citizens or face significant regulatory sanctions.
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Borno governor warns of two more suicide bomb attacks expected during Sallah period

Borno Governor Babagana Zulum warned that two suicide bombers remain at large in Maiduguri ahead of the Sallah celebration.
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Why thousands of Almajiri children are leaving northern Nigeria for Abuja’s streets

Millions of out-of-school children from northern Nigeria are flooding Abuja as poverty, insecurity and tradition fuel the Almajiri crisis.
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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.