Nigeria's Telecom Industry Records $7.6bn Revenue in 2024
According to a report by PwC, Nigeria's telecommunications sector experienced substantial growth in 2024, with mobile service revenue totaling $7.6 billion.
The report also showed that the global telecommunications industry is projected to generate $1.3 trillion in total...
PRNigeria Fact-Check Exposes Misleading Claim by Buhari on Rental Income for Feeding
In a recent statement that sparked widespread debate, former Nigerian President Muhammadu Buhari claimed that he relies on rental income from one of his houses in Kaduna State to support his living expenses...
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...