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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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Politics

Datti Baba-Ahmed quits Labour Party for PRP, eyes 2027

Yusuf Datti Baba-Ahmed, Peter Obi's 2023 running mate, has quit the Labour Party for the Peoples Redemption Party ahead of the 2027 elections.
Politics

Presidency rejects N’West neglect claims, lists projects

The presidency has pushed back on claims that President Tinubu has neglected the North West, listing a $2 billion Kano-Maradi rail project and other investments.
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Hamzat Consults Gbajabiamila, APC Leaders Ahead of Lagos 2027 Governorship Race

KEY POINTS Obafemi Hamzat met with Gbajabiamila and APC leaders to seek support for...
Politics

Elumelu’s UBA assets cross N33 trillion, sustain growth into Q1 2026

United Bank for Africa's total assets have crossed 33 trillion naira as Tony Elumelu's pan-African lender sustained earnings momentum into the first quarter of 2026.
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Atiku, Obi back joint opposition ticket against Tinubu in 2027

Atiku Abubakar, Peter Obi and other opposition leaders met in Ibadan and vowed to field one candidate against President Tinubu in 2027, sparking sharp reactions.
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APC shifts presidential primary to May 23, adopts dual-mode system

The APC has shifted its presidential primary to May 23 and adopted a dual-mode primary system, with nomination forms open to every aspirant.
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Akpabio backs Tinubu’s $516m superhighway loan, orders one-week review

Senate President Godswill Akpabio has rallied the upper chamber behind Tinubu's $516 million superhighway loan, ordering a committee to conclude its review in one week.
Politics

Haske to Declare Adamawa Governorship Bid April 25

KEY POINTS Abdulrahman Haske will declare his governorship ambition in Adamawa on April 25...
Politics

Tinubu rebuffs senators’ automatic ticket bid, hands APC primaries to governors

President Tinubu has shut down Senate lobbying for automatic 2027 tickets, instead handing APC primaries authority to state governors who now control incumbent lawmakers' fates.
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Atiku, economists slam Tinubu’s $516m highway loan request

Atiku Abubakar and economists have pushed back on President Tinubu's $516 million loan request to build sections of the Sokoto-Badagry Super Highway, citing debt concerns.
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Tinubu drops Edun and Dangiwa, hands finance to Oyedele

President Bola Tinubu has dropped Wale Edun and Ahmed Dangiwa from his cabinet, handing the finance brief to Taiwo Oyedele in a minor reshuffle.
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US lawmaker accuses Matawalle of trying to silence her

Florida state representative Kimberly Daniels has accused Bello Matawalle, Nigeria's minister of state for defense, of pressuring US officials to counter her insecurity report.
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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...
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.