FG Secures $600m Agriculture Loan The Federal Government, through the Ministry of Agriculture and Food Security, has secured over $600m in foreign agricultural loans in 2024 to boost food security and rural development. According to information from the ministry’s website, the government obtained a $134m loan...

NRC Generates N1.70bn in Q3 The Nigerian Railway Corporation (NRC) generated N1.70bn from passengers in the third quarter of 2024, an increase of 13.83% from the N1.49bn billion recorded in the same period last year. A report by the National Bureau of Statistics (NBS) said the...

FG Expenditure Exceeds Revenue by N4.5tn– Report The Federal Government’s expenditure exceeded its accrued revenue in the first six months of 2024, resulting in a budget deficit of N4.53tn, a new report from the budget office has indicated. The deficit spending was driven by a 73.91...

Nigeria Exports N181.62bn Electricity in 9 months - NBS Nigeria exported N181.62bn worth of electricity from January to September of 2024, analysis of data from the National Bureau of Statistics (NBS) has shown. A breakdown showed that N58.65bn was exported to Togo, Benin and Niger Republic...

MAAUN Gets NUC Approval to Commence Medicine, Architecture and Other Academic Programmes The Maryam Abacha American University of Nigeria (MAAUN) in Kano has celebrated a significant achievement as it received official approval from the National Universities Commission (NUC) to commence Medicine, Architecture and other Academic...

FAAC Shares N1.7trn to FG, States, LGs The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.727 trillion to the Federal Government, State Governments, and Local Government Councils from November 2024 Federation Accounts Revenue. Mr. Bawa Mokwa, Director of Press and Public Relations at...