Just In: Tinubu Appoints Jim Ovia as Education Loan Fund Chairman
President Bola Tinubu has approved the appointment of Mr. Jim Ovia as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). A statement issued on Friday by Ajuri Ngelale, Special Adviser to the President (Media & Publicity)…
FG reclaims ₦57 billion out of ₦5.2 trillion liabilities owed by govt agencies
The revenue recovery drive of the Federal Government has successfully recovered the sum of ₦57 billion owed by various Ministries, Departments and Agencies (MDAs). The amount is part of the ₦5.2 trillion liabilities owed to the Federal Inland Revenue Service…
Tinubu off to Netherlands, Saudi Arabia for official visits
President Bola Tinubu is set to embark on an official visit to the Kingdom of the Netherlands on Tuesday where he will engage in high-level discussions with Prime Minister Mark Rutte. According to a statement by his Special Adviser on…
“Your comportment is an ethos of perfect Omoluabi” – NNPP commend Osun First Lady
Osun state chapter of New Nigeria Peoples Party (NNPP) has commended Osun First Lady, Mrs Titilola Adeleke, for always representing the state well in the comity of Nigeria First Lady. NNPP noted in a statement by its, chairman, Dr Tosin…
Protest Breaks Out In Ondo Over APC Governorship Primary
Some members of the All Progressives Congress (APC) in Akure, the Ondo State capital, took to the streets on Sunday to protest what they termed irregularities and biased conduct of the ward primaries across the state on Saturday. The ward…
Nigeria secures $2.25billion World Bank loan
Wale Edun, minister of finance and coordinating minister of the economy, says the country has qualified for a World Bank loan of $2.25 billion. Edun spoke during a press conference held at the annual meetings of the International Monetary Fund…
CNG: FG sets to rollout initial critical assets May 29
All is now ready for the delivery of the first set of critical assets for the deployment and launch of the Compressed Natural Gas (CNG) initiative ahead of the first anniversary of the Tinubu administration on May 29. According to…
UNIOSUN Appoints New Registrar, Bursar, Librarian
The Governing Council of Osun State University has announced the appointment of Mrs. Atinuke Abosede Oguntunde as the institution’s 3rd substantive Registrar, Mr. Muideen Akintayo Lasisi as the Third Substantive Bursar, and Dr. Olugbenga Wale Adewuyi as the Third Substantive…
CBN reduces banks’ LDR to 50%
The Central Bank of Nigeria has announced a review of the loan-to-deposit ratio (LDR) for banks, from 65 percent to 50 percent to align with the current monetary tightening. LDR is used to assess a bank’s liquidity by comparing its…
NPA to secure $700 million loan from Citibank to revamp Apapa, Tincan ports
The Nigerian Ports Authority (NPA) is set to receive a $700 million loan from Citibank, which is to be funded by the UK Export Finance (UKEF). The fund is meant to revamp the Apapa and Tincan Island ports in Lagos…