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...
FG Targets 21% GDP Boost with e-Governance Bill
The Federal Government has said that Nigeria’s Gross Domestic Product could receive a major boost from the digital economy, with contributions projected to rise to 21 per cent by 2030, if the...
Market Capitalisation Falls to N88.9trn Amid Sustained Bearish Run
The Nigerian Exchange closed negative on Thursday as bearish trading sentiments wiped off N438bn from investors’ wealth, dragging the equities market capitalisation to N88.9tn at the end of the day’s transactions.
The...
Excess Crude Account Stands at $535,823 - AGF
The Accountant-General of the Federation, Shamseldeen Ogunjimi, on Thursday said Nigeria’s Excess Crude Account stood at $535,823.39 as of August. Ogunjimi disclosed this at the National Economic Council meeting chaired by Vice-President...