Economy

Nigeria’s net reserves surge to $34.8bn in two years: CBN gov

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said Nigeria’s net foreign exchange reserves rose sharply to $34.80 billion at...

FG begins direct remittance of oil revenues to FAAC

Image idea: Wale Edun The Federal Government has commenced the implementation of Executive Order 9 of 2026, which mandates the direct remittance of oil revenues...

NELFUND extends student loan application window nationwide

The Nigerian Education Loan Fund (NELFUND) has extended its Student Loan Application Portal following a surge in nationwide interest generated by its ongoing awareness...

NCAA orders Overland Airways to refund pre-2026 VAT charges

The Nigeria Civil Aviation Authority (NCAA) has directed Overland Airways to refund passengers who were wrongly charged Value Added Tax (VAT) on flight tickets...

Adelabu orders IBEDC to fast-track free prepaid meters

The Minister of Power Adebayo Adelabu has directed the Ibadan Electricity Distribution Company (IBEDC) to expedite action on the distribution of free prepaid meters...

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