7 h. ago Cascador and Sterling Bank Disrupt SME Lending in Nigeria with New Funding Initiative

Lagos, Nigeria: Cascador, Nigeria’s premier accelerator for mid-stage entrepreneurs, has announced a landmark partnership with Sterling Bank to launch a read more Cascador and Sterling Bank Disrupt SME Lending in Nigeria with New Funding Initiative

Politics

36 h. ago World Bank poverty prediction: How Nigerians can survive hardship

• Experts suggest how to survive bad times   By Cosmas Omegoh If the predictions of the World Bank and the International Monetary Fund (IMF) come to pass, Nigeria’s economic woes are sure to increase. And the result will be that a vast number of Nigerians will be mired in extreme poverty by 2027.   […] The post World Bank poverty prediction: How Nigerians can survive hardship appeared first on The Sun Nigeria.

Politics

3 d. ago ICPC clarifies student loan probe, admits error in press release

From Adanna Nnamani, Abuja The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has issued a clarification on its investigation into the Nigeria Education Loan Fund (NELFUND) student loan scheme, admitting an error in a prior press release that misled the public. In a statement on Thursday, May 1, 2025, ICPC spokesperson Demola Bakare […] The post ICPC clarifies student loan probe, admits error in press release appeared first on The Sun Nigeria.

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3 d. ago ICPC probes N71.2bn discrepancy in NELFUND student loan disbursements

From Adanna Nnamani, Abuja The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has launched a comprehensive investigation into discrepancies in the Nigeria Education Loan Fund (NELFUND) student loan disbursements. ICPC spokesperson Demola Bakare made the announcement in a statement on Thursday. The probe follows reports implicating 51 tertiary institutions in unauthorised deductions of […] The post ICPC probes N71.2bn discrepancy in NELFUND student loan disbursements appeared first on The Sun Nigeria.

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4 d. ago Dele Momodu Will Dump Atiku When His Funding Stops – Olayinka

Lere Olayinka, Senior Special Assistant on Public Communications to Nyesom Wike, has criticized Dele Momodu’s remarks about Atiku Abubakar’s potential 2027 bid. On Thursday, Olayinka claimed that Momodu’s loyalty to Atiku is financially motivated, stating, “Let Atiku stop paying, Oga Dele Momodu will move to the next victim.” He also dismissed Momodu’s comments about power-sharing, […] The post Dele Momodu Will Dump Atiku When His Funding Stops – Olayinka appeared first on Information Nigeria.

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4 d. ago ICPC Probes NELFUND Over N71.2bn Discrepancy In Student Loan Disbursement

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has launched investigations into alleged discrepancies surrounding the disbursement of student loans by the Nigeria Education Loan Fund (NELFUND). This was disclosed in a statement by the commission on Thursday, stating that the Chief Executive Officer of NELFUND, Akintunde Sawyerr, officials of the Central Bank […]

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4 d. ago RMAFC urges FG to review revenue formula, notes challenges in LG fund remittances

From Isaac Job, Uyo The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has called on the Federal Government to urgently review the revenue allocation formula to reflect changing realities as mandated by the 1999 Constitution of Nigeria (as amended). The Commission also identified legal constraints hindering the implementation of the Supreme Court’s July 11, 2024, […] The post RMAFC urges FG to review revenue formula, notes challenges in LG fund remittances appeared first on The Sun Nigeria.

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4 d. ago Nigeria Makes Strides Toward HIV Epidemic Control Amid Funding Freeze

The Federal Ministry of Health and Social Welfare, through the National AIDS, Viral Hepatitis and STIs Control Programme (NASCP), has reported progress in Nigeria’s fight against HIV in the first quarter of 2025. The Director and National Coordinator of NASCP, Dr. Adebobola Bashorun, noted that the developments aligned with the Coordinating Minister of Health’s four-point […]

Politics

4 d. ago Nigeria Makes Strides Toward HIV Epidemic Control Amid Funding Pause

The Federal Ministry of Health and Social Welfare, through the National AIDS, Viral Hepatitis and STIs Control Programme (NASCP), has reported progress in Nigeria’s fight against HIV in the first quarter of 2025. The Director and National Coordinator of NASCP, Dr. Adebobola Bashorun, noted that the developments align with the Coordinating Minister of Health’s four-point […]

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5 d. ago TotalEnergies Nigeria grows shareholders’ funds amid earnings drop

TotalEnergies Marketing Nigeria Plc’s first-quarter 2025 financial report paints a mixed picture — one of short-term earnings pain but long-term read more TotalEnergies Nigeria grows shareholders’ funds amid earnings drop

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5 d. ago FG warns youth chiefs against misappropriation of community funds

By Abel Leonard, Lafia The Federal Government through the Minister of Youth Development Ayodele Olawande has issued a strong warning to traditional youth chiefs across the country, urging them to shun greed and avoid misappropriating community development funds. Speaking throught Chief Obinna Nwaka, at a two-day national retreat of the Traditional Youth Chief Forum of […] The post FG warns youth chiefs against misappropriation of community funds appeared first on The Sun Nigeria.

Events

5 d. ago Avoid greed — FG warns youth chiefs against misusing community funds

From Abel Leonard, Lafia The Federal Government, through the Minister of Youth Development, Ayodele Olawande, has warned traditional youth chiefs nationwide to avoid greed and misappropriating community development funds. The message was delivered by Chief Obinna Nwaka at a two-day national retreat of the Traditional Youth Chiefs Forum of Nigeria (TYCFN) in Lafia on Tuesday. […] The post Avoid greed — FG warns youth chiefs against misusing community funds appeared first on The Sun Nigeria.

Events

6 d. ago AI, Digitalisation Will Promote Safety At Workplace — Expert

The manager of the Nigeria Social Insurance Trust Fund (NSITF) in Ilorin, Kwara State, Mr Armstrong Ojulari on Monday stressed the importance of the the adoption of Artificial Intelligence (AI) and greater technology compliance in workplaces. Ojulari stated this during an interview with LEADERSHIP at the sidelines of activities commemorating the 2025 World Day for […]

Politics

8 d. ago Tinubu’s reforms saved Nigeria’s economy from collapse – Senator Adeola

From Laide Raheem, Abeokuta Senator Solomon Adeola, representing Ogun West at the National Assembly, has credited President Bola Tinubu with preventing Nigeria’s economic collapse through the removal of fuel subsidies and the floating of the naira. Adeola, who chairs the Senate Committee on Appropriations, claimed that the previous administration borrowed heavily to fund subsidies and […] The post Tinubu’s reforms saved Nigeria’s economy from collapse – Senator Adeola appeared first on The Sun Nigeria.

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9 d. ago FG now focusing on revenue mobilisation rather than concessional funding

Wale Edun, the minister of finance and coordinating minister of the economy, says Nigeria is moving away from concessional funding read more FG now focusing on revenue mobilisation rather than concessional funding- Wale Edun

Politics

1 week ago Step Up Domestic Revenue Mobilisation Through Tax, IMF Tells Nigeria, Others

The International Monetary Fund (IMF) has advised Nigeria and other African economies to step up domestic revenue mobilisation, arguing that there is still ample room to increase taxation despite prevailing fiscal pressures. Speaking at a press briefing on the IMF’s 2025 Global Policy Agenda, Managing Director Kristalina Georgieva, citing Nigeria, Egypt, Ghana, and Côte d’Ivoire, […]

Politics

1 week ago TETFund Boss Bags Icon Award, Lauds Nigeria’s Progress As Skilled Labour Hub

The executive secretary of the Tertiary Education Trust Fund (TETFund), Arc. Sonny Echono, has declared that Nigeria is fast becoming a global hub for skilled labour. Echono stated this at the sidelines of the annual Vanguard Newspaper Personality of the Year Awards, where he was honoured with the prestigious Education Icon Award for 2024. In […]

Events

1 week ago Reps mull overhauling of maritime law, back indigenous vessel ownership with Cabotage fund

By Steve Agbota The House of Representatives Committee on Maritime Safety, Education and Administration has pledged full legislative support to overhaul Nigeria’s maritime legal framework and promote indigenous vessel ownership. Speaking during an oversight visit to the Nigerian Maritime Resource Development Centre (NMRDC) in Kirikiri, Lagos, on Tuesday, the Deputy Chairman of the Committee, Hon. […] The post Reps mull overhauling of maritime law, back indigenous vessel ownership with Cabotage fund appeared first on The Sun Nigeria.

Politics

1 week ago Zamfara: UNDP applauds Governor Lawal’s commitment to projects’ counterpart funding

The United Nations Development Programme (UNDP) has praised Governor Dauda Lawal for his commitment to providing counterpart funding for a number of projects to benefit the people of Zamfara State. The UNDP Head of the North-West Nigeria Office, Ashraf Usman, spoke on Wednesday at the launch of the North-West Prevention Facility Project in Gusau. According […] The post Zamfara: UNDP applauds Governor Lawal’s commitment to projects’ counterpart funding appeared first on The Sun Nigeria.

Politics

1 week ago IMF Lowers Nigeria’s 2025 Growth Forecast To 3.0% On Weakening Oil Price

The International Monetary Fund (IMF) has revised downward Nigeria’s economic growth projections for 2025 and 2026, to 3.0 for 2025 and 2.7 for 2026 as global uncertainties grow and sustained weaknesses in oil prices impact the country’s economy. This is as it sees a growing probability of a recession from per cent in October to […]

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