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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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NSIB Opens Inquiry into Abuja Cargo Plane Runway Incident

Nigerian Safety Investigation Bureau investigates Allied Air Boeing 737 runway excursion at Abuja Airport; no injuries reported.
Business

Nigeria’s Oil Dependence and Path to Economic Diversification

Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability
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Tinubu Names Ogunjimi Acting Accountant General of the Federation

President Tinubu appoints Shamseldeen Ogunjimi as acting accountant general, replacing Oluwatoyin Madein, who proceeds on pre-retirement leave
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Village in Zamfara Gripped by Fear after Dozens Kidnapped

Armed attackers abducted more than 50 women and children in Zamfara State, underscoring persistent insecurity in northwest Nigeria.
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Senate Warns MDAs: No 2025 Funds Without Accountability

The Senate warns MDAs to account for 2024 funds or risk zero allocations in the 2025 budget amid financial accountability concerns
Society

Nigerians’ Experiences and Achievements in Europe

Nigerians in Europe excel in business, arts, education, and sports, overcoming challenges while fostering growth and global impact.
Culture

Kano Emir Threatens to Remove Title Holders Who Beat Wives

The Kano emir warns title holders against wife beating, threatening to revoke their titles to promote dignity and respect in traditional leadership
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Nigeria’s GDP Plummets, $1 Trillion Economy at Risk

Nigeria's GDP in 2024 faces a steep decline, fueled by currency devaluation, threatening the $1 trillion economy goal
Society

Cross River Magistrates Begin Indefinite Strike Over Welfare Demands

Cross River magistrates declare an indefinite strike over welfare demands, including pay, promotions, and better working conditions
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Kano Government Blames Federal Government for Emir’s Palace Barricade

Kano government condemns federal government’s decision to barricade the Emir’s palace, calling it undemocratic.
News

How to Promote Mental Health Awareness in Nigeria’s Healthcare System

Learn how to promote mental health awareness in Nigeria's healthcare system, focusing on policy, stigma reduction, and community-based initiatives
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Shell awards $1.98bn contracts to Nigerian firms to boost local content

Shell awards $1.98bn contracts to indigenous companies, boosting Nigeria’s local content and economic development in the oil industry
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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.