Nigerian Education Loan Fund (NELFUND)

NELFUND Disburses N23bn to Tertiary Institutions, Individuals

NELFUND Disburses N23bn to Tertiary Institutions, Individuals The Nigerian Education Loan Fund (NELFUND), the official federal government agency in charge of student loans in Nigeria,...
TAX

FG Begins New Withdrawing Tax Policy 

FG Begins New Withdrawing Tax Policy  The Federal Government has commenced the implementation of the 2024 Withholding Tax Regulations, signalling effort to modernise Nigeria’s tax...
President Bola Ahmed Tinubu Cop

FG Allocates N53bn for Renovation of 103 Foreign Missions

FG Allocates N53bn for Renovation of 103 Foreign Missions   The Federal Government has allocated N53 billion for the renovation of 103 foreign missions, aiming to...
TAX

Tax Burden Reduced for 90% of Public, Private Sector Workers – Oyedele

Tax Burden Reduced for 90% of Public, Private Sector Workers - Oyedele   The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo...
Gov Adeleke and Teenager

Osun Governor Pardons Teenager After PRNigeria FactCheck Reveals Misrepresentation of Robbery Case

Osun Governor Pardons Teenager After PRNigeria FactCheck Reveals Misrepresentation of Robbery Case Hours after PRNigeria published a fact-check dispelling viral claims on social media that...
President Bola Ahmed Tinubu Cop

Tinubu Defies Critics, Insists on Tax Reforms

Tinubu Defies Critics, Insists on Tax Reforms   President Bola Tinubu has reaffirmed his commitment to the proposed tax reforms, despite mounting opposition from various stakeholders....
Nigerian Banks, Commercial Banks, Money Deposit Banks

FG Sets Six-Month Deadline for Banks, Telcos to Settle N250bn USSD Debt

FG Sets Six-Month Deadline for Banks, Telcos to Settle N250bn USSD Debt   The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have...
The Minister of Works, David Umahi

FG Commits N1trn to Road Construction, Rehabilitation

FG Commits N1trn to Road Construction, Rehabilitation   The Federal Government through the Ministry of Works plans to rehabilitate and construct a total of 468 roads...
Minister of Aviation and Aerospace Development, Mr Festus Keyamo

FG Allocates N3.6bn for Expansion of Aviation Colleges in Five Locations

FG Allocates N3.6bn for Expansion of Aviation Colleges in Five Locations   The federal government is planning to establish annexes of the Nigerian College of Aviation...
Electricity

DisCos Generate N466bn in Q3 as FG Shoulders N464bn Subsidy

DisCos Generate N466bn in Q3 as FG Shoulders N464bn Subsidy   The federal government incurred the sum of N464.12bn as subsidy payment in the electricity sector...
Vehicles

N2bn Vehicles for SSAs, N780m for Terrorism Prosecution in Latest FG Budget

N2bn Vehicles for SSAs, N780m for Terrorism Prosecution in Latest FG Budget   The Federal Government has earmarked over N780m for prosecuting terrorism-related cases, anti-money laundering...
Rubber

Rubber Imports Increase by 106%

Rubber Imports Increase by 106% Shrinking local rubber production has forced imports to jump by 106 percent in 10 years. Data from the National Bureau of...
Budget Box

Tinubu’s 2025 Budget Proposal Targets N1,500/$ Exchange Rate, 15% Inflation Rate

Tinubu’s 2025 Budget Proposal Targets N1,500/$ Exchange Rate, 15% Inflation Rate   President Ahmed Bola Tinubu presented the proposed 2025 budget to the joint session of...
Presidency

Presidency Allocates N15bn For SUVs, Car Tyres, Office complex in 2025 Budget

Presidency Allocates N15bn For SUVs, Car Tyres, Office Complex in 2025 Budget   The State House has allocated N15.09 billion in the 2025 Appropriation Bill for...
National Bureau of Statistics, NBS

Nigeria’s Exports to ECOWAS Now N1.5trn – NBS

Nigeria’s Exports to ECOWAS Now N1.5trn – NBS   Nigeria's trade with ECOWAS countries reached new heights in Q3 2024, with exports valued at N1.54trn, according...
The World Bank

Nigeria to Receive $1.65bn World Bank Loans Next Year

Nigeria to Receive $1.65bn World Bank Loans Next Year   The World Bank has lined up three major loan projects for Nigeria in 2025, totalling $1.65bn,...
President Bola Ahmed Tinubu

Tax Reforms to Promote Fairness, Says Tinubu

Tax Reforms to Promote Fairness, Says Tinubu   President Bola Tinubu recently defended his four tax reform bills, which are currently under consideration by the National...
Bad Roads

FG, World Bank Partner on $600m Rural Road Development Project

FG, World Bank Partner on $600m Rural Road Development Project   The Federal Government, in collaboration with the World Bank, has allocated $600m to rehabilitate 200,000...
Debt

Nigeria, Africa’s Debt Servicing Costs Hit $74bn – AfDB

Nigeria, Africa's Debt Servicing Costs Hit $74bn – AfDB   Nigeria and other African countries require about $74bn for debt servicing this year amid increasingly limited...
Budget Box

FEC Approves 2025 Budget Proposal as Tinubu Prepares to Present

FEC Approves 2025 Budget Proposal as Tinubu Prepares to Present   The Federal Government on Monday approved the 2025 budget proposal. This follows the Senate’s endorsement...
Latest News
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