Monetary

FEC Approves Over ₦890bn for Fresh Road Projects Nationwide

FEC Approves Over ₦890bn for Fresh Road Projects Nationwide   The Federal Executive Council (FEC) has approved more than ₦890 billion for the execution and review of several major road projects across the country, in line with President Bola Ahmed Tinubu’s commitment to his administration’s Renewed...

FG Launches N200m Grant Scheme for Women Engineers

FG Launches N200m Grant Scheme for Women Engineers The Federal Government has disbursed a total of N200m in grants to 14 outstanding women engineers to scale up innovations addressing Nigeria’s most pressing development challenges. The initiative, spearheaded by the Presidential Implementation Committee on Technology Transfer and...

Ponzi Schemes Cost Nigerians N316bn – SEC

Ponzi Schemes Cost Nigerians N316bn - SEC   The Securities and Exchange Commission (SEC) has said Nigerians have lost about N316bn to Ponzi schemes and illegal fund managers over the years, warning that greed and ignorance are sustaining the menace. The Head of FinTech and Innovation Department...

Solar Manufacturing Gets $500m Boost from Govs, Investors – Adelabu

Solar Manufacturing Gets $500m Boost from Govs, Investors - Adelabu   The Federal Government, in partnership with state governors and private investors, has secured nearly $500m to establish solar manufacturing plants across Nigeria, the Minister of Power, Adebayo Adelabu, has disclosed. Adelabu made this known at the...

N566bn Recovered by EFCC in Two Years – Olukoyede

N566bn Recovered by EFCC in Two Years - Olukoyede   The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, says the agency has recovered over N566 billion and contributed significantly to President Bola Tinubu’s economic reforms through enforcement, asset recovery, and...

Medical Tourism Spending Declines by 52% Under President Tinubu – CBN

Medical Tourism Spending Declines by 52% Under President Tinubu - CBN   Nigerians spent about $4.74m on foreign healthcare-related services from May 2023 to March 2025. This is according to the latest Quarterly Statistical Bulletin of the Central Bank of Nigeria, obtained by our correspondent on Wednesday. The...