By Henry Obetta  Wema Bank has secured  a Euro 50 million (N78.5 billion) financing facility from the European Investment Bank’s development arm, EIB Global, to expand access to credit for small and medium-sized enterprises (SMEs), with a strong focus on women- and youth-owned businesses. The agreement, signed in Lagos, marks the first transaction between EIB […]

By Elizabeth Adegbesan Xpress Payment Solutions Limited has said its next phase of growth will be driven by emerging technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT), after processing transactions worth trillions of naira over the past decade. Managing Director and Chief Executive Officer of the company, Mr. Wale Olayisade, disclosed this […]

By Providence Ayanfeoluwa The National Inland Waterways Authority, NIWA, has intensified efforts to unlock the economic potential of Nigeria’s inland waterways with the commencement of a comprehensive clean-up programme aimed at tackling pollution, enhancing navigational safety and attracting investment into the nation’s blue economy. To drive the initiative, Parts Central Limited has been mandated to provide […]

•Rain Oil leads cuts with N18/litre reduction •Diesel prices crash by up to N70/litre By Udeme Akpan Depot prices of Premium Motor Spirit (PMS), commonly known as petrol, eased across several terminals in Lagos yesterday  as petroleum marketers adjusted prices amid shifting supply dynamics in Nigeria’s downstream oil market. The latest market data showed a […]

By Etop Ekanem Fidson Healthcare Plc has commended the Bank of Industry (BoI) for providing concessionary financing that has supported the growth of pharmaceutical manufacturing in Nigeria. The commendation followed a visit by delegations from the European Investment Bank (EIB) and BoI to Fidson’s manufacturing facility in Sango-Ota, Ogun State. The visit was part of the […]