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BADEA signs €40m credit facility for Nigerian MSMEs

22.04.2026
The Arab Bank for Economic Development in Africa has officially signed a €40m (approximately N60bn) Line of Credit Facility Agreement with the Development Bank of Nigeria, designed to provide critical long-term financing to Micro, Small, and Medium-sized Enterprises across Nigeria. The agreement, finalised during the IMF–World Bank Spring Meetings in Washington, D.C., is to address...
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CBN tightens grip as interbank deficit hits N4.1tn

22.04.2026
For the average Nigerian business and the banking halls that serve them, the cost of cash has just increased, JIDE AJIA reports In a strategic move to curb rising food and fuel prices, the Central Bank of Nigeria has tightened its grip on the financial system, pushing the interbank deficit to N4.1tn. By vacuuming out...
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LAWMA youth employment boosts Lagos with over 100,000 jobs

22.04.2026
The Managing Director/Chief Executive Officer of Lagos Waste Management Authority, Dr Muyiwa Gbadegesin, has described the agency as one of the largest employment drivers in the state, with over 100,000 youths directly and indirectly engaged across its operational value chain. Gbadegesin also announced that the agency and a youth-based organisation, EKO 57 Support Group, are...
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Rangers Demand £20m for Emmanuel Fernandez Amid PL Interest

22.04.2026
Rangers are set to demand at least £20m for Nigeria international Emmanuel Fernandez as interest in the defender grows ahead of the summer transfer window, PUNCH Sports Extra reports. The Scottish Premiership club are understood to be open to selling the 24-year-old but will only consider offers that meet their valuation, following an impressive debut...
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Iwobi Hails Victor Osimhen’s Elite Winning Mentality

22.04.2026
Fulham midfielder Alex Iwobi has praised the relentless drive of Nigeria teammate Victor Osimhen, describing the striker’s mentality as a key factor behind his rise to the top of world football, PUNCH Sports Extra reports. Speaking on the Beast Mode On Podcast, Iwobi reflected on what sets Osimhen apart, pointing to his intensity in training...
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AFC secures $100m loan for African infrastructure projects

22.04.2026
The Africa Finance Corporation has secured a five-year $100m loan facility from the Export-Import Bank of India, strengthening its funding base as it ramps up investment in critical infrastructure and industrial projects across the continent. The facility, signed during AFC’s Investor Day in London, underscores the institution’s strategy of tapping alternative liquidity sources beyond traditional...
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FG Engages States on 4,000MW Presidential Power Initiative

22.04.2026
The Federal Government’s drive to fix Nigeria’s fragile power infrastructure has received a boost as the FGN Power Company Limited has intensified its engagement with subnational authorities in Ebonyi and Enugu states, pushing forward the implementation of the Presidential Power Initiative. The company said the high-level meetings with both state governments were aimed at accelerating...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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