‘N355.9bn NELFUND loans at risk as repayment nears’
ABUJA — About N355.87 billion disbursed by the Nigeria Education Loan Fund, NELFUND, could face recovery challenges when repayments begin unless the Federal Government urgently strengthens the scheme’s repayment architecture, a higher education policy think tank has warned. The iRead To Live Initiative, in a policy brief released on Monday, urged the government to integrate […]
NNPC disowns oil tanker found with 2,145kg of cannabis
By ObasEsiedesa, Abuja The Nigerian National Petroleum Company Limited (NNPCL) has disowned a truck bearing markings associated with the company after it was intercepted by the National Drug Law Enforcement Agency (NDLEA) with 2,145 kilogrammes of cannabis concealed in a compartment in Ondo State. NNPC Ltd, in a statement by its Chief Corporate Communications Officer, […]
Tinubu’s reforms push reserves to $54.13bn — O’tega Ogra
ABUJA — Nigeria’s gross foreign exchange reserves have risen to $54.13 billion, their second-highest level on record, according to O’tega Ogra, Senior Adviser on Digital and New Media to President Bola Tinubu. Ogra disclosed this in a post on his X handle on Monday, citing data from the Central Bank of Nigeria (CBN). According to […]
Nigeria’s trade surplus jumps 67% to N12.59trn in Q2’26
By Yinka Kolawole Nigeria’s merchandise trade surplus surged by 66.8 per cent quarter-on-quarter to N12.59 trillion in the second quarter of 2026, from N7.55 trillion recorded in Q1, as a sharp rise in exports widened the gap between the country’s earnings from exports and its import bill. In its foreign trade statistics report released yesterday, […]
Nwifuru’s comment: Ebonyi opposition won’t be intimidated – PDP
By Anayo Okoli ENUGU — The Peoples Democratic Party (PDP) Youth Leader in Ebonyi State, Engr. Kalu Francis Okechukwu, has condemned remarks attributed to Governor Francis Nwifuru, describing them as a threat to democratic principles. Nwifuru had, in a viral video, charged newly inaugurated local government chairmen not to allow opposition parties to win in […]
UNIZIK ASUU activates ‘no pay, no work’
By Vincent Ujumadu Nnamdi Azikiwe University branch of the Academic Staff Union of Universities, ASUU-NAU, has begun an indefinite strike over alleged incomplete August salary, saying it has activated ‘no pay, no work’ action in the institution. At its congress on Monday in Awka, the ASUU -NAU , resolved to withdraw its services in compliance […]
