HomeNews

News

News

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 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...

Keep exploring

News

Africa’s tiny share of global arms imports is leaving Nigeria exposed to terrorism, new data shows

New Stockholm Institute data shows Africa imported just 4.5 percent of global arms, raising alarms over Nigeria's counterterrorism capacity.
News

Africa holds just 4.5 percent of global arms imports, SIPRI shows

Africa accounted for just 4.5 percent of global arms imports in 2024 and 2025, new Stockholm Institute data shows, as analysts warn the shortfall weakens the continent's capacity to fight terrorism.
News

Starmer and Tinubu seal fresh export deals at Downing Street

President Tinubu and UK Prime Minister Keir Starmer sealed new export agreements at Downing Street Thursday, closing a state visit that produced a £746 million Lagos port financing deal.
News

US moves to strip Nigerian convict of citizenship over $11m fraud

The US Department of Justice has filed a lawsuit seeking to revoke the citizenship of Nigerian Emmanuel Kazeem, who was convicted in 2018 over an $11 million tax fraud scheme.
News

Nigeria tops global petrol price hike chart at 39.5 Percent

Nigeria recorded the sharpest petrol price increase of any country worldwide at 39.5 percent between February 23 and March 16, 2026, as the Middle East war drove global oil prices to a four-year high.
News

Nigeria to Accept Offenders and Failed Asylum Seekers from UK in New Migration Deal

KEY POINTS Nigeria and the UK have agreed to return offenders and failed asylum...
News

ADC Blames Tinubu Administration as Nigeria Ranks 4th Most Terror-Affected Country

KEY POINTS Nigeria is now ranked 4th globally in the 2026 Global Terrorism Index,...
News

Nigeria’s Vice President Visits Maiduguri Bomb Blast Victims

KEY POINTS Vice President Alhaji Kashim Shettima visited victims of Monday’s triple suicide bomb...
News

Nigeria Receives 11,520 Doses of Groundbreaking HIV Prevention Injection

KEY POINTS Nigeria receives 11,520 doses of lenacapavir, part of a 52,000-dose Global Fund-supported...
News

ADC chieftain says Tinubu government treats Nigerians like slaves

ADC chieftain Kenneth Okonkwo accuses President Tinubu's administration of corruption, insecurity failures and treating Nigerians as slaves.
News

Nigeria spent N32.8 trillion on defence in 15 years, yet insecurity worsens

Nigeria spent N32.8 trillion on defence in 15 years, yet insecurity continues to claim lives and displace millions of citizens.
News

Nigerian schools, parents urged to do more to stop bullying after viral Benin video

Stakeholders are demanding stronger action from schools and parents to curb bullying after a disturbing Benin incident went viral.
Load more

Latest articles

News

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...
News

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.
News

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.