Report Reveals MDAs' N22bn Solar Installation Expenditure   Nigeria's federal ministries, departments, and agencies spent a staggering N22,782,065,914.14 on solar power installations across the country in 2024. This significant investment in renewable energy was revealed through records accessed on BudgIT's accountability platform, GovSpend. The expenditures, aimed at boosting...

Nigeria's IMTO Inflows Jump by 63.7% in Nine Months - CBN   According to the Central Bank of Nigeria (CBN) the country witnessed a significant surge in international money transfers, with inflows from International Money Transfer Operators (IMTOs) rising by 63.7% during the first nine months...

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 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% 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 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...