National News
EBID Launches ESG Financing Framework

EBID Launches ESG Financing Framework
By: Michael Mike
The ECOWAS Bank for Investment and Development (EBID) has published its inaugural Environmental, Social, and Governance (ESG) Financing Framework, signalling its commitment to sustainable development and green financing of key projects in priority sectors.
The Framework, which has received a positive assessment from ISS Corporate Solutions, will play a crucial role in linking EBID’s resource mobilization strategy with its objectives of promoting resilient, inclusive, and sustainable growth in its member states.

A statement from the bank quoted it’s President and Chairman of the Board of Directors, Dr George Agyekum Donkor as saying: “We are thrilled to launch our ESG Financing Framework and receive this positive assessment from ISS ESG Solutions,” he added that: “EBID is committed to leading the charge for green financing in the ECOWAS region and fostering the emergence of an economically strong, industrialized, and prosperous West Africa. This Framework will allow us to structure and execute ESG-related funding transactions that support the deployment of capital outlined in our Strategic Plan 2021-2025.”
According to him, “EBID’s ESG Financing Framework includes four green project categories and seven social project categories, all of which have been assessed as generating a positive contribution to sustainability”, with no project categories assessed as having “no net impact” or having a lower assessment.
The ISS Second-Party Opinion, published alongside the Framework, highlights the Bank’s commitment to the Sustainability and Development Goals (SDGs) and its objectives of promoting economic integration, healthcare delivery, social protection, and climate resilience.
The publication of the ISS Second-Party Opinion demonstrates EBID’s commitment to sustainable development and provides greater transparency on the actions it is taking to foster sustainable growth in its member states. With its balance sheet size set to increase by 80% over the next five years, EBID is well-positioned to make a positive impact on the ECOWAS region and become the leading regional investment and development bank in West Africa.
Donkor said: “We are proud to play a role in supporting EBID’s ESG initiatives and the positive impact they will have on the ECOWAS region,” said ISS Corporate Solutions. “This Framework is a testament to EBID’s commitment to sustainable development and demonstrates their position as a leader in green financing in the region.”
The statement said EBID was advised by Rothschild & Co on the structuring of the Sustainable Finance Framework and on the Second Party Opinion review process.
EBID is a leading regional investment and development bank, owned by the fifteen (15) ECOWAS Member States, namely, Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo. Based in Lomé, Togolese Republic, the Bank is committed to financing developmental projects and programmes covering diverse initiatives from infrastructure and basic amenities, rural development and environment, industry, and social services sectors, through its private and public sector windows. EBID intervenes through long, medium, and short-term loans, equity participation, lines of credit, refinancing, financial engineering operations and related services.
National News
Nigeria@65: FG’s programmes improving welfare of Nigerians- NOA

Nigeria@65: FG’s programmes improving welfare of Nigerians- NOA
The National Orientation Agency (NOA), on Wednesday said that the Federal Government’s programmes and policies under President Bola Tinubu-led administration were improving the welfare of Nigerians.
Mrs Adaline Patari, the State Director of NOA, Gombe State office, stated this shortly after a road show to mark Nigeria’s 65th Independence Day anniversary in Gombe.
Patari said that programmes and policies of Tinubu-led administration had supported many Nigerians from the student’s loan to conditional cash transfer to support to small businesses amongst others.
She stated that the initiatives by the present administration had restored hope and put the country amongst serious countries pursuing better reforms to improve their economy while revamping infrastructure.
According to her, many undergraduates benefitting from the student’s loan scheme which has removed all financial hindrances impeding access to tertiary education now feel a sense of belonging.
She said that the programmes and policies of the Federal Government have benefitted many households and improved their welfare in line with the Renewed Hope Agenda of President Tinubu.
“The reforms of the Federal Government are working and many persons are proud to be Nigerians and more persons are now trying to do the right things as Nigerians.
“People are beginning to see themselves as proud Nigerians and that confidence of being a Nigerian is being restored.
“Today, many Nigerians are benefitting from the programmes of the current administration, this means that the country is now working for them,” she said.
While acknowledging that there were still challenges that needed to be addressed, Patari said, at 65, we have made tremendous progress especially working together in peace and unity.
She urged Nigerians to continue to support Tinubu administration’s programmes towards building a better country that works for all Nigerians.
The state director said that with the necessary reforms being carried out and already yielding results in the economic, agriculture, security and other sectors, more Nigerians would be prouder to be Nigerians in the future.
“Today, the country is progressing and we are united; we are now prouder to be Nigerians and I can tell you that the labour of our heroes past, indeed is never in vain,” she added.
Commending the contributions of youths to national development, Patari urged them to have a positive mind-set towards Nigeria and to always express optimism of a better Nigeria for everyone.
Patari also lauded the renewed strength with which NOA under the Director General of the agency, Malam Lanre Issa-Onilu was being driven.
She said that government’s policies and programmes were getting more supports from Nigerians because of the constant engagements of Nigerians by the NOA nationwide.
The event also featured sensitisation of residents on Federal Government’s policies, programmes and the need for the people to support the current administration’s Renewed Hope Agenda
Nigeria@65: FG’s programmes improving welfare of Nigerians- NOA
National News
Nigeria, European Union hold inaugural Trade and Investment Dialogue

Nigeria, European Union hold inaugural Trade and Investment Dialogue
By: Michael Mike
Senior Government officials of the Federal Republic of Nigeria and the European Union (EU) have today met in Abuja to assess the vibrant economic partnership between the two parties and chart a way forward.
The inaugural Nigeria-EU Senior Officials Trade and investment Dialogue (TID) was anchored by the Permanent Secretary, Federal Ministry of Industry, Trade and Investment (FMITI), Ambassador Nura Abba Rimi, and Director of the European Commission’s Directorate-General for Trade and Economic Security (DG TRADE), Ms Dora Correia,
The Minister of Industry, Trade and Investments, Dr. Jumoke Oduwole, and the EU Ambassador to Nigeria and ECOWAS, Gautier Mignot,, welcomed the launch of the Dialogue, which they said underscored the growing importance attached to trade and investment in the EU-Nigeria partnership.
This Senior Officials’ meeting marks an important step in strengthening the trade and investment partnership between the EU and Nigeria, and provided opportunity for the officials to exchange views on areas of mutual interest; address potential challenges and explore opportunities for further collaboration.
Discussions focused on a range of issues, including trade and investment policy, cooperation on market access barriers and requirements, preferential trade and investment arrangements, investment, collaboration within the World Trade Organization (WTO), regulatory measures that could impact trade and investment, and the identification of trade and investment-related development cooperation areas.
Both sides expressed their interest to continue the Dialogue, with the second TID billed to take place in Brussels, Belgium, in 2026, on a date to be jointly decided.
Nigeria, European Union hold inaugural Trade and Investment Dialogue
National News
FG Declares Wednesday, Oct. 1 Public Holiday to Marks 65th Independence Anniversary

FG Declares Wednesday, Oct. 1 Public Holiday to Marks 65th Independence Anniversary
By: Michael Mike
The Federal Government has declared Wednesday, 1st of October as a public holiday to commemorate Nigeria’s 65th Independence Anniversary.
The Honourable Minister of Interior, Hon. Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government, congratulated all Nigerians both at home and in the diaspora on this historic occasion.
Tunji-Ojo, in a statement by the Permanent Secretary, Ministry of Interior, Dr. Magdalene Ajani, enjoined citizens to continue to uphold the patriotic spirit, unity, and resilience that have sustained the nation since independence in 1960.
He urged Nigerians to further keep faith in the Renewed Hope Agenda of President Bola Tinubu, which is anchored on national rebirth, economic transformation, and collective prosperity.
The Minister expressed confidence that, with the cooperation of all Nigerians, the country will continue to grow stronger in peace, progress, and development.
He wished Nigerians a happy and memorable 2025 Independence Day celebration.
FG Declares Wednesday, Oct. 1 Public Holiday to Marks 65th Independence Anniversary
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