HomeNews

News

‎NELFUND Disburses ₦10.7m to FCE Katsina, Ondo State Varsity Students

‎The Nigerian Education Loan Fund (NELFUND) has confirmed the disbursement of ₦10.7 million to students of two higher institutions, Federal College of Education (FCE), Katsina, and Ondo State University.

Inflation Rate Eases to 22.22% in June

Nigeria’s inflation rate eased to 22.22% in June 2025, down from 22.97% recorded in May, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS).

Electricity Subsidies Cost N1.94 trillion in 2024 – NERC

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that the federal government spent N1.94 trillion on electricity subsidies in 2024 due to the continued gap between customer tariffs and actual market costs.

SEC Alerts Nigerians to Forsman & Bodenfors Fraudulent Activities

The Securities and Exchange Commission (SEC) has warned Nigerians about the activities of Forsman & Bodenfors Limited, also known as F&B.

Dangote Submits Plans for Mega Seaport Project

Aliko Dangote, president of the Dangote Group, says he plans to build the “biggest, deepest seaport in Nigeria”.

FG Committed to Gas-powered Economy, Minister Says

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has said that the Federal Government, under the leadership of President Bola Tinubu, is committed to making Nigeria a gas-powered economy.