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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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Maiduguri bombings kill 23, injure 108 as opposition demands Tinubu cut UK visit short

Suspected Boko Haram suicide bombers struck three locations in Maiduguri Monday evening, killing 23 people and wounding 108 others.
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UN deputy secretary-general Amina Mohammed urges African women to lead with courage, pledges support for Niger Delta

UN Deputy Secretary-General Amina Mohammed urged Niger Delta women to stop agonizing and start organizing at CSW70 in New York.
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ACCI pushes for Nigeria-India private sector dialogue

The Abuja Chamber of Commerce and Industry has called for a structured Nigeria-India Private Sector Dialogue to deepen business collaboration between both countries.
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Manufacturers back 5 percent GDP industrial financing pledge

The Pan African Manufacturers Association has backed Nigeria's new industrial policy, calling its commitment to allocate up to five percent of GDP to industrial financing a pivotal economic shift.
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Borno blast: Two brothers recount narrow escape from deadly Maiduguri attack

Two brothers recount how a traffic delay saved them from Maiduguri bombings that left 23 dead and over 100 injured.
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Multiple Explosions Rock Maiduguri, Scores Feared Dead as Key Locations Hit

KEY POINTS Three coordinated explosions hit major locations in Maiduguri, leaving many feared dead...
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Tinubu Swears in Taiwo Oyedele as Minister of State for Finance

KEY POINTS President Bola Tinubu swore in Taiwo Oyedele as Minister of State for...
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Abuja–Kaduna Train Derails After Collision, Several Passengers Injured

KEY POINTS An Abuja–Kaduna train derailed near Asham after a collision, leaving several passengers...
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Nigeria’s Inflation Rate Sees Slight Dip to 15.06% in February, Says NBS

KEY POINTS Nigeria’s inflation rate dipped slightly to 15.06% in February 2026 from...
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Civil servants demand N154,000 minimum wage, 120% pay rise over hardship

Civil servants demand N154,000 minimum wage and 120% salary increase, citing rising inflation, high living costs and declining purchasing power nationwide.
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Sokoto attack: Residents dispute mass exodus claims after Bargaja bandit raid

Residents of Bargaja deny fleeing en masse after bandit attack, saying security deployment helped restore calm and prevent wider displacement.
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AfDB approves $5.52m grant to boost tax systems in Nigeria, West Africa

AfDB approves $5.52m grant to help Nigeria and West Africa modernise tax systems, boost revenue collection, and strengthen governance frameworks.
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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.