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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.

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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FG moves to evacuate Nigerians as Middle East crisis deepens

Nigeria's federal government says it is finalising funds and logistics for evacuating citizens from the Middle East as Emirates Airlines suspends Dubai flights again over escalating conflict.

Shettima, Obasanjo, Jonathan head to Soludo’s inauguration

Vice President Kashim Shettima and former presidents Olusegun Obasanjo and Goodluck Jonathan are expected in Anambra for Governor Charles Soludo's second-term inauguration in Awka.

Boko Haram Launches Midnight Attack on Military Outpost in Maiduguri

KEY POINTS Suspected Boko Haram insurgents attacked a military outpost in Ajilari near Maiduguri...

Tinubu Holds Private Meeting With Sultan of Sokoto in Aso Rock

KEY POINTS President Bola Tinubu held a closed-door meeting with the Sultan of Sokoto,...

Security Forces Foil Attempted Plane Hijack Plot Near Akure Airport

KEY POINTS Four suspected bandits were arrested near Akure Airport after allegedly attempting to...

Group Warns of Violence Over Agbede Throne Dispute in Edo

A community group has urged Edo Governor Monday Okpebholo to intervene urgently in the Agbede throne dispute as a claimant defies court orders and occupies the palace.

US Opens Trade Probe Into Nigeria, 59 Others Over Forced Labour Imports

The United States has opened a trade investigation into Nigeria and dozens of economies over alleged failure to block forced labour imports.

Kidnappings, Killings Rise in South-West as Farmers, Travellers Face Growing Threat

Rising kidnappings and attacks across Nigeria’s South-West are forcing farmers off their land and leaving travellers wary of highways.

Hard Economy Pushes Nigerian Parents to Reject Children’s Homework

More Nigerian parents say rising costs and long work hours leave little time to help children complete heavy school homework.

Nigeria’s Displacement Crisis Deepens as 3.7 Million People Crowd Nearly 3,900 Camps Nationwide

Years of insurgency, banditry and communal clashes have forced millions of Nigerians from their homes, creating thousands of displacement camps.

Ondo State High Court Judge Bamidele Fola Adeyeye Dies at 65

KEY POINTS Ondo State High Court judge Bamidele Fola Adeyeye has died at the...

Benue Declares State of Emergency as Lassa Fever Outbreak Worsens

KEY POINTS Benue State has declared a state of emergency due to a surge...

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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.

Okowa Visits EFCC Over N1.3 Trillion Probe

KEY POINTS • Former Delta State Governor Ifeanyi Okowa visited the EFCC’s Lagos office over...

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.

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.