By Joseph Erunke Abuja-The Nigerian Education Loan Fund, NELFUND, has condemned what it described as unethical practices by some tertiary institutions accused of withholding tuition refunds from students and arbitrarily increasing school charges, despite benefiting from the federal government’s scheme. The Fund, in a public notice issued by the Director, Strategic Communications, Oseyemi Oluwatuyi, yesterday, said […]

Assures FG committed to reducing bottlenecks in doing business By Johnbosco Agbakwuru ABUJA—THE Vice President, Senator Kashim Shettima, said yesterday the Federal Government must keep engagement with the business sector openly. According to him, any government that ignores employers cannot fully understand the economy. Consequently, he said the federal government remained committed to reducing bottlenecks and […]

By Peter Egwuatu Shareholders of Neimeth International Pharmaceuticals Plc have approved plans by the company’s Board of Directors to raise additional capital to accelerate its expansion programme and complete its ongoing world-class pharmaceutical manufacturing facility in Amawbia, Anambra State. At the company’s 67th Annual General Meeting (AGM), held virtually, shareholders unanimously approved all the board’s resolutions […]

By Elizabeth Adegbesan eTranzact has deepened its large-scale financial inclusion initiative, PocketMoni, in the Obafemi Owode Local Government Area of Ogun State, where the onboarding of over 1,000 agents and the deployment of thousands of PocketMoni terminals across communities are ongoing. The initiative, launched through the company’s PocketMoni Business platform, is designed to expand access to […]

By Godwin Oritse The Association of Nigerian Licensed Customs Agents (ANLCA) has called on the Federal Government (FG) to suspend the implementation of the Green Tax Policy, scheduled to take off from July 1st, 2026,  citing inadequate stakeholder engagement by the implementing agency, the Nigeria Customs Service (NCS). The association argued that key stakeholders, particularly licensed […]

By Elizabeth Adegbesan Domestic air travel fares rose by 20.8 percent year-on-year (YoY) to N157,552 in May 2026 from N130,361 in May 2025. The National Bureau of Statistics (NBS) disclosed this in its latest Transport Fare Watch which showed increases in fares across other transport categories. The NBS stated: “In air travel, the average fare paid […]

By Elizabeth Adegbesan The national average Cost of a Healthy Diet (CoHD) rose by 3.12 percent month-on-month (MoM) to N1,589 per adult per day in April from N1,541 per adult per day in March 2026. The National Bureau of Statistics (NBS) disclosed this yesterday in its CoHD Report for April 2026, noting that the increase was […]

Veritas University, Abuja, has become the first university in Africa to sign the Humanitas AI Compact, marking a landmark commitment to the ethical governance and responsible deployment of Artificial Intelligence, AI,in response to Pope Leo XIV’s call for institutions of higher learning to place human dignity at the centre of technological advancement.

The Nigerian naira began trading at an official exchange rate of ₦1,379.80 per United States dollar at the Nigerian Foreign Exchange Market (NFEM) on Tuesday, June 30, 2026, according to the latest available market data.

The programme comes as women-owned businesses across Africa continue to face barriers to winning institutional contracts, including limited understanding of procurement processes, weak professional networks and insufficient business development support.