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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...

AfDB approves $200m BoI facility to boost Nigeria’s industrial sector

AfDB approved a $200 million facility for Nigeria's Bank of Industry to boost SMEs, manufacturing and green industrialization, with women-led and youth businesses prioritized.

FG, AfDB Launch Special Agro-Industrial Zones Plan in Cross River

FG and AfDB launch SAPZ in Cross River, aiming to transform agriculture and create jobs while ensuring food security across Nigeria

Nigeria’s Rural Electrification Agency Signs Two Deals for Off-Grid Power

  The Rural Electrification Agency (REA) of Nigeria has signed two grant agreements with two...

Nigeria to Receive $618M from AfDB for Digital and Creative Sectors

Nigeria is set to receive a $618 million fund from the African Development Bank...

AfDB Elevates Nigeria with $4.4B Portfolio, Targets Economic Resilience

Nigeria's economic landscape has experienced a significant boost, with the African Development Bank (AfDB)...

Latest articles

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.