Business

Wema Bank secures €50m EIB facility to support SMEs

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 […]
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CBN and NAPEP to join hands to fight poverty

The National Poverty eradication programme NAPEP and the Central Bank of Nigeria CBN, have agreed to work more closely for the good of the poor and overall development of the country.

…gets Senate’s queries over retirees’ unpaid pension

THE Senate Committee on Establishment and Public Service has queried the management of the Nigerian Ports Authority over the unpaid pensions, allowances, benefits and gratuity of some retirees of the authority.
In letter to the Managing Director of the authority, the Committee lamented the inaction of the management of NPA over the matter of its former workers.

Sale of NPA properties, Reps to institute probe

Following years of complains and petitions by the leadership of the Senior Staff Association of the Nigerian Ports Authority (SSANPA) over the sale of the authority’s properties, the House Committee on Marine Transport is set to institute a probe to ascertain the sale.

NIMASA, LNG at loggerheads over unpaid N24bn freight rate

THE Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Liquified Natural Gas Company are currently at each other’s throat over the latter’s blatant refusal to pay its statutory three per cent freight rate of over N24billion.

GlaxoSmithKline empowers community pharmacists

By Franline Alli GlaxoSmithKline  Nigeria Plc, said it has empowered community pharmacists to improve their service delivery . Speaking on the occasion of the 28th annual conference of the Association of Community Pharmacists of Nigeria (ACPN) in Makurdi, Benue State, Marketing Director of GlaxoSmithKline, Mrs. Hannah Oyebanjo, said “Community Pharmacy Practice is a key success […]

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