The Management of the Nigerian Education Loan Fund (NELFUND) has been directed to expand its focus area by extending interest-free loans to Nigerian students interested in skill-development programmes. President Bola Tinubu gave the directive at the State House on Monday after a briefing from Mr. Akintunde Sawyerr, Executive Secretary of NELFUND, on the build-up to the launch of the programme later in the month. In a statement released by the Special Adviser to the President...

Mr. Mark Okoye, the Managing Director – MD of Anambra State Investment Promotion and Protection Agency – ANSIPPA, has said that the Anambra State Investment Summit whose maiden edition was held in September 2023, will now be an annual event and would therefore be held in 2024. Speaking during the Agency’s interface with select media practitioners entitled, “Partnerships, progress, and prospects”, Mark Okoye said that “there are plans for Anambra State Investment Submit in 2024”....

The Federal Government has put plans in place to launch a massive consumer credit system as the New Year begins with a positive outlook. The Senior Special Assistant to the President on Media & Publicity, Temitope Ajayi on Wednesday said that Nigerians can look forward to a great and economically rewarding year as the government launches the consumer credit system. He stressed that while seeking the mandate of Nigerians during the last electioneering season, President Bola...

A new world-class luxury hotel, favorably comparable to the best of hotels in advanced cities of the developed world, has opened in Lagos, Nigeria’s economic capital. The hotel, a blend of excellent craft and the best combination of human and material resources in the known world is an elaborate manifestation of human excellence. The building construction executed by Kasso Engineering, a Turkish construction firm that for over 45 years has consistently delivered world-class construction works...

The Central Bank of Nigeria, CBN, has some good news for Nigerians: the old N200, N500 and N1,000 notes will remain legal tender beyond December 31, 2023. The central bank announced the introduction of redesigned N200, N500 and N1,000 banknotes in October 2022, to rein in excess cash, fight crime and kidnapping, and address inflation and counterfeiting. The CBN gave Nigerians only six weeks to swap the old notes for new ones. The deadline was...