By Esther Ososanya The Federal Government has disbursed ₦1,065,391,000.00 to the Federal University, Dutsin-Ma (FUDMA), Katsina State. The Nigerian Education Loan Fund (NELFUND) facilitated the release, which will cover tuition for 10,018 students under the renewed Student Loan Programme. NELFUND shared the update today via its official X account. University Acknowledges Fund Transfer In a …
By Esther Ososanya Hon. Ikeagwuonu Ugochinyere, Chairman of the House Committee on Petroleum Resources (Downstream), has raised alarm over fresh political attempts to sack the statutory leadership of Nigeria’s key petroleum regulatory agencies, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). “We didn’t labour for two …
By Ososanya Esther The Nigeria Customs Service (NCS) has officially launched the B’Odogwu clearance platform, marking a major shift in port operations. The new system comes with a flat 4% Free On Board (FOB) charge, which replaces several older levies. Comptroller-General of Customs, Adewale Adeniyi, announced the change during a high-level stakeholders’ town hall in …
By Esther Ososanya Nigeria may be basking in the glow of global praise, but Central Bank Governor Olayemi Cardoso says it’s no time to relax. Speaking during the Monetary Policy Committee (MPC) meeting in Abuja, Cardoso acknowledged the International Monetary Fund’s (IMF) commendation of Nigeria’s recent fiscal and monetary reforms but issued a stern reminder,the …
By Esther Ososanya Africa’s richest man, Aliko Dangote, has delivered a sobering warning to the continent’s leaders: Unless powerful fuel import interests are confronted head-on, no new refinery will ever be built again in sub-Saharan Africa. Speaking at the Global Commodity Insights Conference in Abuja, the billionaire industrialist declared that entrenched rent-seeking, offshore fuel cartels, …
By Esther Ososanya Security chiefs in the Federal Capital Territory have intensified efforts under Operation Sweep, a coordinated multi-agency crackdown on criminal activities, following a high-level strategy meeting held in Abuja. The meeting, convened between FCT Service Commanders and the Director of Security, Federal Capital Development Authority (FCDA), focused on assessing field reports, identifying operational …
By Esther Ososanya Dealmaking in the U.S. upstream oil and gas sector dropped sharply in Q2 2025. Investor caution increased as energy and equity markets turned volatile. Merger and acquisition (M&A) deals fell by 21%, totalling just $13.5 billion between April and June. This slump contrasts sharply with recent performance. In 2023, the sector recorded …
By Esther Ososanya Nigeria may be haemorrhaging more than $18 billion annually to illicit financial flows (IFFs), but the federal government is now drawing a bold red line. At the 2025 National Conference on Illicit Financial Flows held in Abuja, government officials, tax authorities, global experts, and civil society leaders came together with one shared …
At Junior Secondary School, Sokale Dutse Alhaji in Abuja, students no longer hold their bladders in shame or sneak between bushes to relieve themselves. For the first time in the school’s history, clean, solar-powered toilets now stand proudly behind the classroom block, providing much-needed sanitation and restoring the dignity of every student. Megastar Media’s Donation …
The Chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that 18 incumbent state governors are currently under active investigation for alleged financial misconduct. Olukoyede made the disclosure during a public sensitisation event in Lagos focused on currency abuse and naira misuse. He emphasised that while constitutional immunity shields serving …
