CBN Facilitates N7.05bn, $714,569.03 Refund to Bank Customers in Eight Months The Central Bank of Nigeria (CBN) has made several money deposit banks in Nigeria refund N7.05 billion and $714,569.03 to bank customers within eight months, disputing the financial service providers. The eight-month recovery is part...

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...

Telecoms Propose 100% Tariff Increase Nigerian telecommunications companies have proposed a 100 per cent increase in their tariffs, pending approval from the government. The proposal, which has been submitted to the Nigerian Communications Commission (NCC), aims to address rising operational costs, including inflation and increased service...

2025 Budget: FG Appropriates N105bn for Aviation Industry The Federal Government has appropriated N105,953,496,365 to the aviation industry in the 2025 budget before the National Assembly. The 2025 allocation is an increase from the total budget of N63,317,450,275 in 2024. In the budget, the Federal Government also...

Tinubu Expresses Optimism in Economy, Promises 15% Inflation Rate President Bola Ahmed Tinubu has said that Nigeria's economic indicators are pointing to a positive and encouraging outlook while promising to reduce Inflation to the bearest minimum. The President said this during his new year nationwide broadcast...

‎FG to Establish National Credit Guarantee Company for Financial Inclusivity ‎ ‎The federal government has announced plans to establish the National Credit Guarantee Company (NCGC), a move aimed at expanding risk-sharing instruments for financial institutions and enterprises to ensure robust financial inclusion. ‎ ‎President Ahmed Bola Tinubu revealed...