28 h. ago Net FX earnings drop to $4.8bn in January on reduced CBN inflows

.As naira holds steady at official market Net foreign exchange inflows into the Nigerian economy declined to $4.79 billion in read more Net FX earnings drop to $4.8bn in January on reduced CBN inflows

Politics

31 h. ago Student loans: NELFUND disburses N50bn to over 500,000 students

By Oluseye Ojo Almost ₦50 billion has been disbursed by the Nigeria Education Loan Fund (NELFUND) to over 500,000 students in tertiary institutions across Nigeria, the National Orientation Agency (NOA) has disclosed. The disclosure was made by the Oyo State Director of NOA, Dr Olukemi Afolayan, when she featured on a live television programme – […] The post Student loans: NELFUND disburses N50bn to over 500,000 students appeared first on The Sun Nigeria.

Politics

37 h. ago African airlines cargo demand falls in February as trade tensions weigh

The International Air Transport Association (IATA) released data for February 2025 global air cargo markets showing that African airlines saw read more African airlines cargo demand falls in February as trade tensions weigh

Transport

38 h. ago Low margins, liquidity crunch put Nigeria’s downstream oil sector under pressure

The financial health of Nigeria’s downstream oil sector is coming under fresh scrutiny. Despite robust revenue growth across leading players, read more Low margins, liquidity crunch put Nigeria’s downstream oil sector under pressure

Politics

38 h. ago NANS raises alarm over student loan diversion by institutions

From Laide Raheem, Abeokuta The National Association of Nigerian Students (NANS) has raised concerns over unethical practices in the disbursement of the Nigerian Education Loan Fund (NELFUND), alleging that some tertiary institutions, in collusion with banks, are diverting student loans for personal gain. Speaking on Thursday in Abeokuta, NANS National Vice President for Inter-Campus and […] The post NANS raises alarm over student loan diversion by institutions appeared first on The Sun Nigeria.

Politics

40 h. ago NAAT Threatens Strike Over FG’s ‘Selective’ Earned Allowance Disbursement

The National Association of Academic Technologists (NAAT) has threatened to withdraw its services over what it describes as the federal government’s selective and discriminatory handling of earned allowance payments within the university system. In a communique issued after its 58th regular National Executive Council (NEC), the union warned that such actions threatened the fragile industrial […]

Events

41 h. ago Wakanow Pioneers with Direct NDC access on British Airways, Emirates, Clinches Air France

LAGOS, February 19, 2025 — Nigeria’s leading travel technology company, Wakanow, has recorded a major milestone by becoming the first read more Wakanow Pioneers with Direct NDC access on British Airways, Emirates, Clinches Air France-KLM-Delta Award

Politics

48 h. ago Katsina: Police reject N1m bribe, arrest suspected car thieves

From Agaju Madugba, Katsina Some officers of the Katsina State Police Command have arrested two suspected car thieves after declining to collect N1 million cash from the hoodlums over a stolen vehicle. A statement on Wednesday from the Police Public Relations Officer (PPRO), DSP Abubakar Sadiq Aliyu, explained that the police apprehended the suspects during […] The post Katsina: Police reject N1m bribe, arrest suspected car thieves appeared first on The Sun Nigeria.

Events

54 h. ago Korean Intelligence Service commends NDLEA on arrest of wanted drug baron, seeks suspect’s extradition

From Godwin Tsa, Abuja The National Intelligence Service of South Korea (NIS) has praised the National Drug Law Enforcement Agency (NDLEA) for arresting 59-year-old drug baron Ogbonnaya Kevin Jeff on February 12, ending his 17-year run smuggling illicit drugs worth billions of naira globally. The NDLEA’s Special Operations Unit apprehended Jeff at his hideout in […] The post Korean Intelligence Service commends NDLEA on arrest of wanted drug baron, seeks suspect’s extradition appeared first on The Sun Nigeria.

Politics

56 h. ago Kogi pledges crackdown on illegal tax collectors, extortionists

The Kogi State Internal Revenue Service has once again warned illegal revenue collectors in the state to desist from the unconstitutional act or face the full wrath of the law. The Executive Chairman of KGIRS, Alhaji Sule Enehe, gave the warning in Lokoja on Wednesday while interacting with journalists regarding the activities of the revenue Read More

Politics

56 h. ago “Prevent NBA From Embarrassment, Refund N300m Rivers Money Immediately” – Adegboruwa

Human rights lawyer, Ebun-Olu Adegboruwa, has called on Nigerian Bar Association to refund the N300 million received from Rivers State Government as support for its Annual General Conference. In a statement on Tuesday, Adegboruwa expressed dismay over the development that the state government, under suspended Governor, Sim Fubara disbursed a large sum to the NBA. […] The post “Prevent NBA From Embarrassment, Refund N300m Rivers Money Immediately” – Adegboruwa appeared first on Information Nigeria.

Politics

57 h. ago Katsina: Police reject N1 million bribe, arrest suspected car thieves

From Agaju Madugba, Katsina Some officers from the Katsina State police command have arrested two suspected car thieves after declining to collect N1 million cash bribe from the hoodlums over a stolen vehicle. A statement on Wednesday from the Police Public Relations Officer (PPRO), DSP Abubakar Sadiq Aliyu, explained that the police apprehended the suspects […] The post Katsina: Police reject N1 million bribe, arrest suspected car thieves appeared first on The Sun Nigeria.

Events

57 h. ago Customs generate ₦190bn, seize ₦10.2bn illegal goods in three months

The Nigerian Customs Service, Area 2 Command in Onne, Rivers State, said it generated over ₦190 billion in revenue during the first quarter of 2025. The Command revealed that during the period under review, its officers seized 20 containers of contraband items illegally imported into the country, valued at over ₦10.2 billion. The Customs Area Read More

Politics

59 h. ago BREAKING: Again, Dangote Refinery Slashes Petrol Price To N835 Per Litre

The Dangote Petroleum Refinery has announced another reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol from N865 to N835 per litre. The price slash came after the recent decline in global crude oil prices, which have dropped to $64 per barrel from over $70 per barrel in recent weeks. […]

Politics

61 h. ago Illegal revenue collections has no place in Kogi — KGIRS Chairman

From Emmanuel Adeyemi, Lokoja Kogi State Internal Revenue Service (KGIRS) has once again warned illegal revenue collectors in the state to desist from the unconstitutional act to avoid facing the full wrath of the law. The Executive Chairman of KGIRS Alhaji Sule Salihu Enehe gave the warning in Lokoja on Wednesday while interacting with journalists […] The post Illegal revenue collections has no place in Kogi — KGIRS Chairman appeared first on The Sun Nigeria.

Politics

61 h. ago NELFUND: NANS condemns withholding of student loans, threatens protests

The National Association of Nigerian Students has voiced concern over the alleged non-disbursement of student loans by the Nigerian Education Loan Fund, despite claims that funds have already been released. PUNCH online reports that an investigation into the handling of the Federal Government’s student loan programme revealed that some tertiary institutions, in collaboration with banks, Read More

Politics

63 h. ago Institutions risk legal action hiding student loan disbursement information — NELFund

The Nigerian Education Loan Fund (NELFUND) has warned that tertiary institutions that fail to inform students of loan disbursements made read more Institutions risk legal action hiding student loan disbursement information — NELFund

Politics

63 h. ago Minister orders immediate processing of CVFF disbursement after 20

Marine notice released By Steve Agbota The Minister of Marine and Blue Economy,  Adegboyega Oyetola, has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the process that will lead to the long-awaited disbursement of the Cabotage Vessel Financing Fund (CVFF). The fund has suffered over two decades of administrative stagnation and the […] The post Minister orders immediate processing of CVFF disbursement after 20-year delay appeared first on The Sun Nigeria.

Politics

65 h. ago FAAC Disbursement To FG, States, LGAs Drops To N1.578trn In March

The Federation Accounts Allocation Committee (FAAC) has disbursed a total of N1.578 trillion to the Federal Government, states, and local government areas (LGAs) from the March 2025 revenues, marking a decline from previous months. The March disbursement, was about N25 billion lower than the N1.678 trillion shared for February 2025, representing a decrease of approximately […]

Politics

67 h. ago After two decades, Nigeria moves to disburse cabotage fund in push for indigenous shipping

Adegboyega Oyetola, the minister of marine and blue economy, has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to read more After two decades, Nigeria moves to disburse cabotage fund in push for indigenous shipping

Politics