The Nigerian Education Loan Fund has disbursed more than ₦8.2 billion to students in tertiary institutions across Kogi State. The development is expected to provide financial assistance to thousands of students facing difficulties meeting the cost of their education. According to a report by The Guardian, NELFUND disbursed ₦8.205 billion to students across eight tertiary…
Businessman Aliko Dangote says investor interest in the ongoing Dangote Refinery initial public offering has been stronger than expected. Dangote disclosed the development while speaking in Nairobi, describing demand for the refinery’s shares as “enormous.” The ₦-denominated offering is part of a broader plan to raise capital for the expansion of the Lagos-based refinery. According…
The National Assembly has approved another extension for the implementation of the capital component of Nigeria’s 2025 budget. The extension moves the deadline from September 30 to December 31, 2026, giving ministries, departments and agencies additional time to execute projects contained in the capital budget. The decision followed consideration of a request for more time…
Tensions between organised labour and the Federal Government are rising again as public-sector workers maintain pressure for action over the country’s rising cost of living and petrol prices. The Joint National Public Service Negotiating Council has warned that its September 30 deadline remains in place, with the possibility of industrial action if its concerns are…
Fresh concerns have emerged over the safety of Nigerians living in South Africa following the deaths of three Nigerian nationals in separate incidents between September 18 and 21, 2026. The Nigerian Consulate-General in Johannesburg confirmed the deaths and called on South African authorities to thoroughly investigate the circumstances surrounding each incident. The three Nigerians were…
A report involving a 10-year-old boy from the Republic of Benin working at a construction site in Lagos has drawn fresh attention to the difficult line between informal apprenticeship and child labour. The boy, identified as Ojo Ibukun, was reportedly brought from Ifangni in south-eastern Benin Republic to Lagos by a master tiler. Instead of…
Fresh reports of abductions in parts of northern Nigeria, alongside the discovery of suspected human remains in a separate police operation in Abia State, have renewed attention on the country’s security challenges. More than 80 people, including farmers and women, were reportedly abducted in separate incidents in Niger and Zamfara states, according to reports published…
Investors have shown strong appetite for Central Bank of Nigeria Open Market Operations securities, submitting more than ₦6 trillion in bids at the apex bank’s latest OMO auction. The development comes amid a changing interest-rate environment and increasing activity in Nigeria’s fixed-income market. At the September 24 OMO auction, investors submitted about ₦6.09 trillion in…
Residents of Enwan community in Akoko-Edo Local Government Area of Edo State are counting their losses after heavy rainfall caused the Ojirami Dam to overflow, flooding parts of the community and disrupting daily activities. The flooding has reportedly destroyed property and businesses, while residents are now worried that continued rainfall could worsen the situation and…
Nigeria’s external earnings climbed to $20.08 billion in the second quarter of 2026, representing a significant increase from the $15.56 billion recorded in the first quarter, according to provisional balance of payments figures released by the Central Bank of Nigeria. The latest figures indicate stronger export performance during the three-month period, with crude oil, natural…