Nigerian Education Loan Fund (NELFUND) has directed institutions to verify and upload their students data on the Student Loan Application System (SLAS). This is contained in a statement made available to newsmen in Abuja on Wednesday by the Director, Strategic Communications of NELFUND, Mrs Oseyemi Oluwatuyi. Oluwatuyi said SLAS had …
Read More »Reps investigate alleged diversion of N1.12tn Anchor Borrowers Fund
The House of Representatives Committee on Nutrition and Food Security, on Tuesday, began an investigation into the alleged diversion of ₦1.12 trillion meant for the execution of the Anchor Borrowers Programme (ABP) by various Ministries, Departments, and Agencies. The panel is also scrutinising the operations of NIRSAL Microfinance Bank over …
Read More »GTBank drops major update that will impact all Customers
Guaranty Trust Bank (GTBank) has begun charging the ₦6.98 Unstructured Supplementary Service Data (USSD) fee directly from customers’ airtime balances, ending the practice of debiting bank accounts for the service. In text messages sent early Wednesday, the lender informed customers that the new billing model takes effect immediately. “Dear Customer, …
Read More »EFCC arrests ex-Plateau State Speaker, 14 others
Operatives of the Makurdi Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday June 17, 2025 arrested a former Speaker of the Plateau State House of Assembly, Mr. Moses Thomas Sule and 14 other members for alleged money laundering. The 14 members are: Gwottson Fom, Sani Abubakar, …
Read More »Senate screens Tinubu’s 17 nominees for key agencies in Rivers
The 17 individuals nominated by President Bola Tinubu to head critical agencies in Rivers State—including the Independent Electoral Commission, Civil Service Commission, and Local Government Service Commission—have formally declared their assets before the Code of Conduct Bureau. This development followed their clearance by the Department of State Services and the …
Read More »Liverpool Play Bournemouth In Title Defence, Man United Host Arsenal In EPL Opener
Liverpool will open the 2025-26 Premier League season with a clash against Bournemouth at Anfield while Manchester United will take on Arsenal at Old Trafford on the opening weekend. The 2025-26 will kick off on Friday, August 15 with Liverpool in action against Bournemouth while the other matches will be …
Read More »Why I Appointed Man City Captain For The First Time – Guardiola
Manchester City coach Pep Guardiola has opened up on the reasons for appointing Bernardo Silva as club’s captain ahead of the 2025-26 season. The club’s captain for the 2024-25 season Kevin De Bruyne departed at the end of the season. He has now joined Italian champions, Napoli. For the first …
Read More »Dangote Refinery offers transport-free deliveries of PMS, Diesel. Aviation fuel to all marketers, petrol dealers
…Analysts say the initiative will reduce inflation and create jobs A recent initiative by the Dangote Petroleum Refinery, which includes the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecommunications companies, the aviation sector, and other large-scale users across the country, with free logistics support …
Read More »SAMER CHEDID SUCCEEDS MAURICIO ALARCÓN AS CEO OF NESTLÉ CENTRAL AND WEST AFRICA
Samer Chedid, CEO of Nestlé Indonesia has been appointed CEO of Nestlé Central and West Africa (CWAR) replacing Mauricio Alarcón who has taken on a new role within the Nestlé group. A business leader with diverse experiences across Nestlé including Middle East, Asia, and Africa, Mr. Chedid is no stranger …
Read More »FIDELITY BANK PLC – STATEMENT ON CBN CIRCULAR ON FORBEARANCE LOANS
Fidelity Bank Plc (“the Bank”) refers to the recent circular issued by the Central Bank of Nigeria “CBN” (Reference No. BSD/DIR/CON/LAB/018/008) concerning regulatory forbearance on Single Obligor Limit (SOL) and other credit facilities and wishes to provide the clarifications below to its esteemed shareholders, NGX Regulation Limited (NGX RegCo), …
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