Nigeria Seeks Fresh $1.75bn World Bank Loan   The Federal Government plans to increase its borrowing despite a significant 40.5 per cent surge in revenue for the first eight months of 2025. This boost in revenue has largely been driven by...

Marketing Sector Records $26.39m Inflow on Investors Return   Nigeria’s marketing industry has attracted a total of $26.39m in foreign investments since 2023, signalling a cautious rebound in investor confidence after a sharp decline in 2024. Capital importation data from the National...

NNPC Confirms Dangote's N11bn Crude Oil Purchase in July   The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Dangote Petroleum Refinery accounted for 32.33 per cent of its total crude oil sales in July, worth N34.64bn This was...

FG Issues New NELFUND Loan Guidelines, Projects Wider Access for Students The Federal Government has unveiled revised guidelines for the Nigerian Education Loan Fund (NELFUND) to streamline disbursement, strengthen accountability, and expand access to more students in tertiary institutions across...

Budget Office Explains Delay in Budget Implementation Reports, Sets September Deadline for Release The Budget Office of the Federation has clarified reasons behind the delay in publishing Budget Implementation Reports (BIRs) since the second quarter of 2024, assuring stakeholders of...

FG Increases Scholarship Grants by 50%, Introduces Special Funds for STEMM, Medical Students The Federal Government has announced a 50 percent increase in scholarship grants across all levels of higher education under a reformed National Scholarship Programme, in line with...