spot_img
spot_img
HomeFinancialFacts & Figures

Facts & Figures

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, has disbursed a total of N23 billion to several individuals and 128 tertiary institutions in Nigeria. Speaking to senior journalists in...

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 two Nigerian teenagers were sentenced to death for stealing poultry, Osun State Governor Ademola Adeleke has granted clemency to the...

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 Statistics (NBS) shows that Nigeria imported N631.1 billion worth of rubber in 2013. But this has jumped by N1.3 trillion...

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 to the National Bureau of Statistics (NBS). Data from the bureau also showed that Nigeria’s imports stood at just N82bn. The report...

Fact-Check: No Inheritance Tax in Tinubu’s Tax Reform Bill, Says PRNigeria

Fact-Check: No Inheritance Tax in Tinubu's Tax Reform Bill, Says PRNigeria PRNigeria has debunked claims that inheritance tax has been introduced into President Bola Ahmed Tinubu’s Tax Reform Bill to target Muslims. The assertion, which gained traction on social media platforms, particularly WhatsApp, was based...

Insurance Market’s Gross Premium Now N813.1bn

Insurance Market’s Gross Premium Now N813.1bn   The insurance market recorded about N813.1billion in Gross Premium Written in Quarter 2, 2024, indicating a 47.4 per cent growth rate compared to the same period of the previous year and a 72.7 per cent, quarter on quarter, it...