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Economic Diversification

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...

Nigeria Targets Revenue Boost in Marine Sector, Tackles Leakages 

Minister Oyetola targets marine revenue leakages, inefficiencies, and governance gaps to boost Nigeria's economic potential through modern auditing.

Council of State Backs Tinubu Amidst National Tensions

The Nigerian Council of State has unanimously passed a vote of confidence in President Bola Tinubu's administration, amid national protests and growing tensions. The Council emphasized that any change in government must occur through democratic means, not insurrection.

LCCI Stresses Capital Expenditure and Diversification in Nigeria’s 2024 Budget

Lagos Chamber of Commerce and Industry advocates for improved capital expenditure and revenue diversification in Nigeria's 2024 fiscal plan.

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.