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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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INEC Announces Date for Presidential Election in 2027

KEY POINTS INEC scheduled presidential and National Assembly elections for February 20, 2027. Governorship...
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Makinde Crowns 14 Oyo Chiefs as Obas in Major Traditional Leadership Elevation

KEY POINTS Governor Makinde elevated 14 Oyo chiefs and Baales to crown-wearing Obas...
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INEC Seeks N873.8 Billion for 2027 Elections

INEC proposes N873.8 billion for the 2027 elections, separating the poll budget from its 2026 spending plan and seeking flexible funding.
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FG Lists 15 Million Households for Cash Support

Nigeria says 15 million households are in its Benefit Register for conditional cash transfers, distinct from the broader National Social Register.
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NELFUND Denies Diversion of Student Loan Funds at UniAbuja

NELFUND says student loan disbursement at the University of Abuja was not diverted, dismissing media allegations and citing compliance procedures.
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Professor Abducted on Highway Dies After Year in Captivity

KEY POINTS A Nigerian Army University Biu professor died in Boko Haram captivity nearly...
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Workers Storm NAFDAC Office in Lagos Over Sachet Alcohol Ban Dispute

KEY POINTS Food and beverage workers protested at NAFDAC’s Lagos office demanding reversal of...
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INEC Declines to State Position as Senate Reverses Stance on Real-Time Election Result Transmission

KEY POINTS INEC declined to comment on the electoral amendment controversy until lawmakers complete...
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Shettima Lands in Ethiopia for AU Summit Talks on Africa’s Future

KEY POINTS Shettima is representing Nigeria at the AU summit in Ethiopia, where leaders...
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Drama Unfolds as Security Operatives Confront El-Rufai on Arrival in Abuja

KEY POINTS El-Rufai was confronted by security operatives at Abuja airport shortly after arriving...
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Murder Trial of Arise News Anchor Stalls Again

KEY POINTS The murder trial of Arise News anchor Somtochukwu Maduagwu was adjourned to...
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Arik Air Jet Makes Precautionary Emergency Diversion to Benin After Mid-Air Engine Anomaly

KEY POINTS An Arik Air Lagos–Port Harcourt flight diverted safely to Benin after pilots...
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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.