The Nigerian Education Loan Fund (NELFUND) has commenced payment of June and July upkeep allowances to eligible student beneficiaries nationwide, bringing relief to thousands enrolled in the Federal Government’s student loan scheme.

Global foreign direct investment (FDI) rose by 6% to $1.6 trillion in 2025, up from $1.5 trillion in 2024, according to the United Nations Conference on Trade and Development (UNCTAD) in its latest World Investment Report: International Investment in a Turbulent Era.

An analysis of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) statistics revealed that between June 2025 and June 2026, no aviation fuel imports were recorded by Oil Marketing Companies, making domestic refineries the exclusive source of supply.

The Federal Government of Nigeria and the African Development Bank (AfDB) have called for stronger African control over the continent’s vast mineral resources, urging countries to stop exporting raw materials while importing finished products made from the same resources.

When members of the Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) concluded their 306th meeting on July 21, many analysts expected a cautious decision.

The United States has imposed a 12.5 per cent tariff on imports from Nigeria under a new trade policy targeting countries that Washington says have failed to establish and enforce prohibitions on goods produced with forced labour.