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The Nigerian Education Loan Fund (NELFUND) has achieved remarkable strides in its nationwide deployment of student loans, distributing N56.85 billion to 298,124 scholars across 198 educational institutions. As per the status report, the fund has allocated N30.17 billion directly to institutions for tuition fees and N26.67 billion to students for maintenance allowances. […]
A high-stakes legal battle is unfolding in Abuja, where SunTrust Bank’s Managing Director, Halima Buba, and Executive Director, Innocent Mbagwu, are embroiled in a $12 million financial scandal. The Economic and Financial Crimes Commission (EFCC) has accused the duo of conspiring to launder millions of dollars through complex transactions, in alleged contravention of Nigeria’s […]
The Lagos State Government is poised to initiate construction on the Omi Eko water transport venture this June. The €410 million ($464 million) undertaking aspires to mitigate the city’s persistent traffic congestion by developing inland waterways. This project is anticipated to augment urban mobility, invigorate economic activity, and foster environmental sustainability. Project […]
The Independent National Electoral Commission (INEC) has announced the dates for the upcoming governorship elections in Ekiti and Osun states. According to the commission, the Ekiti state governorship election will hold on Saturday, July 20, 2026, while the Osun state governorship election will take place on Saturday, August 8, 2026. This announcement was […]
The quick commerce and food delivery sector in Nigeria is witnessing an exhilarating expansion, propelled by prominent platforms such as Glovo and Chowdeck. Recent statistics reveal that Glovo has generated over N71 billion in revenue for its Nigerian partners since its inception in 2021. This remarkable figure was unveiled at the Future of Commerce […]
The Lagos State Command of the Nigeria Immigration Service has transferred a high-profile crime suspect, Obi Levi Obieze, also known as Levi Obu Onyeka, to the Lagos State Police Command for further interrogation. This move was disclosed by CSP Benjamin Hundeyin, the Lagos Police Public Relations Officer, via a social media platform. Obieze’s arrest […]
Between January and April 2025, Nigeria expended approximately $2.01 billion on external debt servicing, marking a 50% surge compared to the $1.33 billion recorded during the same timeframe in 2024. This data, sourced from the Central Bank of Nigeria (CBN), underscores the nation’s steadfastness in fulfilling its international financial obligations and bolstering investor confidence. […]
The French government has unveiled plans to prohibit the use of tobacco products in outdoor areas frequented by children. The new regulations, set to come into effect on July 1, 2025, will apply to a range of locations, including beaches, parks, and areas surrounding schools and sports facilities. According to Minister Vautrin, the […]
The President of the Nigeria Football Federation (NFF), Ibrahim Gusau, on Thursday, paid a visit to Super Eagles striker, Taiwo Awoniyi, at his residence in Nottingham, UK. The visit was aimed at checking on the player’s health and assessing the progress of his recovery from a serious injury he sustained during a recent match. […]
In a major operational success, the Nigerian Air Force (NAF) has launched a series of airstrikes on Boko Haram terrorists in Borno State, killing scores of insurgents and destroying their stronghold in the region. According to a statement released by the NAF on Friday, the air mission was carried out in the early hours of […]
