FG Releases N50bn to Settle ASUU  Education Minister Dr. Maruf Alausa announced on Wednesday that the Federal Government has released N50 billion to university staff unions. This money will settle earned allowances that President Bola Tinubu had promised to pay. The announcement came through Folasade Boriowo,...

Spring Meeting: US Seeks to Reform IMF, World Bank Operations  The United States Treasury Secretary, Scott Bessent, revealed on Wednesday that the Trump administration would pursue a significant overhaul of the International Monetary Fund and World Bank as it seeks a “sustainable international economic system”...

FG Plans to Raise N1.2tn from Bond Market in Q2 The Federal Government plans to raise between N900bn and N1.2tn from the domestic bond market in the second quarter of 2025, a sharp drop from the N1.8tn targeted in the first quarter of the year. This...

FG Tasks Oil Firms to Ramp Up Production The Federal Government has again tasked indigenous oil companies to ramp up production to meet both domestic and export demands and boost revenue remittance to government coffers. The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, made...

Bags of Rice Worth N939m Seized in Q1, Says Customs The Nigeria Customs Service has said that with 159 cases involving 135,474 bags valued at N939m, rice remained the most prevalent commodity seized by the service in the first quarter of 2025. The Comptroller-General of Customs,...

$2bn crude-for-loan: AGF to Probe Kyari Over Fraud Allegations The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has assured Nigerians that the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, will be investigated in...