In a move to strengthen Nigeria’s educational financing framework, the Managing Director and Chief Executive Officer of the Nigerian Education Loan Fund (NELFUND), Mr. Akintunde Sawyerr, recently held strategic consultations with key members of the National Assembly. Mr. Sawyerr met with Senator Opeyemi Bamidele, Senate Leader, and Senator Hassan Ibrahim Dankwambo, former Governor of Gombe
Operatives of the Economic and Financial Crimes Commission (EFCC), Kano Zonal Command, have arrested two suspects in possession of counterfeit foreign currency totaling $899,800 during a sting operation in Kano State. The arrest was made on Friday, May 31, 2025, following actionable intelligence indicating suspicious currency dealings in the state’s commercial hub. The suspects, identified
In a solemn but compassionate gesture, the Federal Government has disbursed ₦1 million each to the families of 22 young Nigerian athletes who lost their lives in a tragic road accident earlier this year. The move is aimed at providing immediate financial relief to the grieving families and recognising the contributions of the late athletes
The total amount of physical cash circulating outside Nigeria’s formal banking system declined once again in April 2025, sliding to N4.57 trillion from N4.60 trillion recorded in March. This development, confirmed in the latest data released by the Central Bank of Nigeria, comes against the backdrop of sustained monetary tightening by the apex bank. The
The Nigerian stock market ended the final trading session of the week on a bearish note, as the Nigerian Exchange Limited (NGX) witnessed a market capitalisation decline of N48 billion, underscoring continued investor apathy and cautious sentiment. By the close of trading on Friday, the total market capitalisation had slipped to N70.5 trillion, down from
The Managing Director of Lanre Shittu Motors (LSM), Mr. Taiwo Shittu, has made a passionate appeal to the Federal Government to urgently revive and legislate Nigeria’s automotive policy, warning that the nation’s auto industry cannot survive or attract serious investment without a solid and consistent framework. Speaking in a detailed interview, Shittu expressed optimism about
Ahead of the 2027 general elections, prominent northern political figures, including former Kano State Governor Ibrahim Shekarau, have urged the coalition of opposition forces led by former Vice President Atiku Abubakar to abandon the idea of merging with existing parties and instead form a fresh political platform. The leaders believe that establishing a new party
The newly elected President of the Academic Staff Union of Universities (ASUU), Professor Chris Piwuna, has declared that the Federal Government’s student loan initiative lacks merit in Nigeria’s current economic reality, describing it as an unrealistic policy in a country plagued by unemployment, inflation, and inadequate support systems for youths. He made this known in
In a heartfelt plea to citizens, President Bola Ahmed Tinubu has called on Nigerians to exercise patience with his administration, assuring the nation that the current sacrifices being made are not in vain and that the promise of a better Nigeria remains within reach. The President made the appeal during the official inauguration of Phase
The Muslim Rights Concern (MURIC) has called on Nigeria’s First Lady, Senator Oluremi Tinubu, to extend her charitable initiatives to the Muslim community, following her recent donation of seven hybrid 14-seater buses to the Youth Wing of the Christian Association of Nigeria (YOWICA) in Abuja. In a statement issued on Saturday, May 31, 2025, MURIC’s
