September 4, 2025 The Federal Government has committed ₦90 billion to support the education of 400,000 students in public tertiary institutions across Nigeria through the Nigerian Education Loan Fund (NELFUND). The intervention is part of President Bola Tinubu’s Renewed Hope Agenda to ensure access to affordable higher education and reduce the financial burden on students
Lagos, Nigeria When Mariam Ogundairo urgently needed N30,000 (about $20), she downloaded a loan app that promised instant cash. Within minutes, the money landed in her account, alongside a 21.6 percent interest rate due in two weeks. Unable to repay on time, Ogundairo soon faced the nightmare many Nigerians now associate with digital lenders. The
Dangote Industries Limited has distanced itself from a truck involved in a fatal road accident in Enugu on Wednesday, sparking renewed concerns over road safety and corporate accountability in Nigeria. The crash, which occurred around 9 a.m., involved a Howo truck loaded with cement and a Toyota Corolla. The vehicle, bearing the inscription of Visco
Abuja, Nigeria – September 4, 2025 The Economic and Financial Crimes Commission (EFCC) has arrested Ahamba Tochukwu, Chief Executive Officer of Gavice Logistics Limited, over allegations of defrauding more than 400 investors of over ₦2 billion in a suspected Ponzi scheme. In a statement issued in Abuja on Wednesday, EFCC’s Head of Media and Publicity,
The National Youth Service Corps (NYSC) has commenced the long-awaited payment of outstanding allowances to serving corps members across the country, following a two-month delay that had stirred widespread concern and speculation. This latest disbursement marks the first tranche of payment since the last allowance was credited to corps members on June 3, 2025. Confirm
September 3, 2025 – Northern elders have called on President Bola Ahmed Tinubu to urgently declare a state of emergency across the northern region, citing the alarming rise in banditry, kidnappings, insurgency, and communal violence that continues to destabilize the area. The elders, speaking through regional forums and pressure groups, expressed grave concern over the
September 3, 2025 – President Bola Ahmed Tinubu has declared that Nigeria has regained global recognition and respect within just two years of his administration’s Renewed Hope Agenda. Speaking with optimism, the President said his government’s policies, reforms, and diplomatic engagements have repositioned the country as a credible and respected voice in international affairs. He
September 3, 2025 – The Lagos Rail Mass Transit Blue Line has achieved a major milestone, clocking more than 5 million passenger trips in just two years of operation. Commissioned to improve urban mobility in Africa’s largest city, the Blue Line has significantly eased transport costs and cut travel times for residents. With trains now
In a strategic move to address the growing skills gap in Nigeria’s construction sector, the Federal Government has announced a partnership with Polaris Capital to commence the training of 100,000 construction artisans across the country. The initiative is aimed at equipping Nigerian youths with practical, in-demand skills to boost employability and enhance local capacity in
Nigeria’s business environment continues to reflect mixed signals, as the latest Business Performance Index (BPI) shows a moderate uptick to 107.3 points, even as many companies grapple with deepening financial constraints. The figure, recently released by the National Bureau of Statistics (NBS) in collaboration with key industry stakeholders, indicates marginal growth in business activity compared
