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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...

Power Firms Face Huge Fine for Overbilling Customers

The Nigerian Electricity Regulatory Commission (NERC) has announced that it will impose a hefty...

Power Outage Worsens as Nigeria Gas Company Fixes Pipeline

Nigeria, Africa's most populous nation, is experiencing a severe power outage that has affected...

How Nigeria’s Power Subsidy Cost Billions in 2023

Nigeria, Africa's most populous nation, has a chronic problem with power supply. Despite having...

How Nigeria Can End Its Power Crisis After Failed Privatisation

Nigeria has been struggling with a power crisis for years, despite spending billions of...

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.