Headlines

EFCC Investigates Bobrisky for Naira Abuse

The Economic and Financial Crimes Commission (EFCC) has initiated an investigation into the actions of popular Nigerian internet personality, Idris Okuneye, widely known as Bobrisky, for allegedly spraying Naira notes at a public event. Operatives from the Lagos Zonal Command of the EFCC summoned the 31-year-old following a video report showing him spraying and flaunting…

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Manufacturers and Labour Oppose Government’s Electricity Tariff Hike

Manufacturers and organized labor unions have expressed vehement opposition to the Federal Government’s recent decision to increase electricity tariffs by a staggering 240 percent for consumers receiving a 20-hour power supply. The move has sparked concerns about the potential impact on businesses, inflation rates, and the welfare of citizens. The decision to remove the electricity…

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Nigeria’s Revolutionary Student Loan Scheme Redefines Educational Financing

Nigeria is poised to embark on a groundbreaking journey in educational financing with the imminent launch of its unique student loan scheme. Set to debut soon, this innovative initiative stands apart from conventional student loan programs worldwide, distinguishing itself with its interest-free structure and borrower-friendly repayment options. Unlike traditional student loans that accrue interest over…

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Student Loan Scheme Revolutionizes Nigerian Education Landscape

In a landmark move aimed at democratizing access to higher education, President Bola Ahmed Tinubu has ushered in a new era with the enactment of the Access to Higher Education Act, 2023. Signed into law on June 12, 2023, this transformative legislation establishes a groundbreaking Students Loan Scheme, marking a monumental leap toward educational inclusivity…

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Nigerian Electricity Regulatory Authority Announces New Tariffs to Boost Infrastructure

In a bid to bolster the nation’s transmission infrastructure, the Nigerian Electricity Regulatory Commission (NERC) has unveiled a new electricity tariff affecting approximately 15% of its customer base. Effective immediately, the tariff adjustment will see electricity prices surge from N68 to N225 per kilowatt-hour for select consumers. The announcement was made by Musiliu Oseni, Vice…

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Excitement Builds as Ogun State Hosts International Trade Fair

As anticipation mounts across the Southwest geopolitical zone of Nigeria, stakeholders eagerly prepare for the commencement of the 13th Gateway International Trade Fair in Abeokuta, Ogun State. Scheduled to run from April 19 to 29, 2024, at the M.K.O Abiola International Trade Fair Complex, the event promises increased exhibitors, diverse product offerings, and improved transportation…

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