Wema Bank, EIB Global seal €50m deal to fund Nigerian SMEs focusing on women and youth
Wema Bank has signed a €50 million financing agreement with EIB Global, the development arm of the European Investment Bank, to expand access to credit for small... Read more.
PalmPay calls for reliable infrastructure, embedded finance to deepen SME financial inclusion
PalmPay Nigeria Managing Director Chika Nwosu has delivered a pointed call to Nigeria’s digital finance ecosystem to move beyond user acquisition and focus... Read more.
Microfinance Bank raises N6bn through debut commercial paper to expand MSME lending
Advans La Fayette Microfinance Bank has raised N6 billion through the first issuance under its N20 billion Commercial Paper Programme, marking the institution’s... Read more.
Mastercard CEO visits Tinubu, pledges to empower 40 million Nigerian SMEs with digital tools
Mastercard Global Chief Executive Officer Michael Miebach led a delegation to President Bola Tinubu at the State House in Abuja on Tuesday, committing to a partnership... Read more.
All On backs Eja-Ice with $1 m to scale solar cold chain, cut Nigeria’s N3.5 tn post-harvest losses
Impact investing company All On has announced a $1 million investment in Eja-Ice Nigeria Limited, a manufacturer of solar-powered refrigeration and cold chain infrastructure,... Read more.
AI is coming for Nigerian SMEs, but the tools are not built for them yet
Artificial intelligence is being positioned globally as the next transformative force for small business productivity. For Nigerian SMEs, the picture is considerably... Read more.
RMB closes $1.8bn financing deal for Kano-Maradi railway
Rand Merchant Bank has finalised a $1.8 billion financing package for the development, construction, and commissioning of the 374-kilometre Kano-Maradi railway project,... Read more.
FG orders MDAs to stop 1% stamp duty deductions from contractor payments
The Federal Government has directed all federal ministries, departments, and agencies to immediately discontinue the deduction of a 1% stamp duty from payments made... Read more.
FirstBank to host SMEConnect webinar to help Nigerian SMEs unlock funding, scale faster
FirstBank Nigeria has announced the next edition of its SMEConnect Webinar, scheduled for Wednesday, 25 June 2026, focused on the theme “Funding your growth:... Read more.
US-Iran peace deal fuels hopes of sharp petrol price drop for Nigerian businesses
Global crude oil prices crashed to a three-month low on Monday after United States President Donald Trump announced an initial peace deal with Iran, raising expectations... Read more.
