Author: Ifetayo Adeniyi

NELFUND ready for financial support to apprentices, vocational training for tradesmen Ibraheem Abdul and Akintunde Sawyerr Photo by NELFUND NELFUND ready for financial support to apprentices, vocational training for tradesmen The Nigerian Education Loan Fund said it will partner with Yaba College of Technology to expand access to Technical and Vocational Education and Training, especially for apprentices and tradesmen in the informal sector. The partnership was cemented during a high-level stakeholder engagement held at YABATECH on Thursday, where NELFUND Managing Director/CEO, Mr Akintunde Sawyerr, visited the institution to discuss the student loan rollout and explore new inclusion models for non-traditional…

Ecobank Nigeria inaugurates elite Premier banking branch in Lagos Ecobank Ecobank Nigeria inaugurates elite Premier banking branch in Lagos Ecobank Nigeria has announced the launch of its new Premier Banking branch at 25 Akin Adesola Street, Victoria Island, Lagos, designed exclusively for high-net-worth individuals. This state-of-the-art facility offers a sophisticated suite of tailored financial services, delivering an unparalleled banking experience. The branch features an elegant VIP Lounge, staffed by a dedicated team of relationship managers and supported by a 24/7 contact center, ensuring personalized service and seamless access to premium banking solutions. Adeola Ogunyemi, Head of Distribution Channels and Sales…

Tariffs: U.S., China finalise trade framework, to ease tensions Tariffs: U.S., China finalise trade framework, to ease tensions China confirmed on Friday the details of a trade deal framework with the United States, stating that Washington would lift “restrictive measures” while Beijing would “review and approve” items under export controls. The two sides agreed after talks in Geneva in May to temporarily lower steep tit-for-tat tariffs on each other’s products. China also committed to easing some non-tariff countermeasures, but US officials later accused Beijing of violating the pact and slowing down export license approvals for rare earths. They eventually agreed…

NGX, Dr. Umaru Kwairanga lauds Dangote’s economic impact Aliko Dangote NGX, Dr. Umaru Kwairanga lauds Dangote’s economic impact The Group Chairman of Nigerian Exchange Group, Dr. Umaru Kwairanga, has commended the President/Chief Executive of Dangote Group, Aliko Dangote, for his impact to both the Nigerian capital market and the broader private sector. Kwairanga made his remarks during a courtesy visit by capital market stakeholders on Thursday to the Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited, Lagos. He called for the listing of Dangote Petroleum Refinery and Dangote Fertiliser on the Nigerian Exchange. Kwairanga declared that such a move…

Nigerian Legion gets first appointed female Chair Grace Henry Nigerian Legion gets first appointed female Chair President Bola Tinubu has named Grace Henry as the Chairman of the National Council of the Nigerian Legion, the first woman to hold the position. This is contained in a statement by Chief Abdul Lauya, Senior Special Assistant to the Chairman on Media and Digital Communications, on Thursday in Abuja. Lauya said the appointment marked a significant milestone as Ms Henry became the first female and first non-commissioned officer to assume the leadership of Nigeria’s foremost veterans’ organisation. He said the appointment, conveyed through…

VAT on food, education, healthcare removed – FG VAT on food, education, healthcare removed – FG … relief for Nigerian families expected. The newly enacted tax reform laws in Nigeria will officially take effect on January 1, 2026, according to the Executive Chairman of the National Revenue Service (NRS), Dr. Zacch Adedeji. The delayed implementation is intended to give the government and stakeholders ample time to prepare, educate the public, and align with Nigeria’s fiscal calendar. Speaking at the State House after President Bola Ahmed Tinubu signed the tax laws into effect, Adedeji emphasized that the six-month transition period aligns…

Nigeria’s instant payment system recognized among world’s best – CBN CBN Governor, Olayemi Cardoso Nigeria’s instant payment system recognized among world’s best – CBN The Central Bank of Nigeria has declared the country’s instant payment system as one of the most advanced globally, citing years of reforms and innovation that have reshaped the nation’s financial landscape. Director of Payments System Policy at the CBN, Mr Musa Jimoh, made this known on Thursday during the FintechNGR Quarter Two Regulators’ Forum Webinar, themed “Beyond Compliance: Unlocking Innovation with Nigeria’s Open Banking Framework.” According to Jimoh, Nigeria’s payment ecosystem has evolved significantly, fuelled…

Tinubu reconciles Fubara, Wike, Rivers Assembly Members Tinubu reconciles Fubara, Wike, Rivers Assembly Members President Bola Tinubu on Thursday initiated a crucial reconciliation meeting at the Presidential Villa in Abuja with key figures in the ongoing Rivers State political crisis. The closed-door session included suspended Governor Siminalayi Fubara, Federal Capital Territory Minister Nyesom Wike, suspended Speaker Martins Amaewhule, and other Rivers State Assembly members. The high-stakes meeting represents a significant diplomatic intervention by the presidency to resolve the protracted political standoff that has disrupted governance in Nigeria’s oil-rich Rivers State. The crisis stems from a bitter feud between Governor Fubara…

Chimamanda Ngozi Adichie’s Back For “Dream Count” Literary Tour Chimamanda Ngozi Adichie’s Back For “Dream Count” Literary Tour Celebrated author Chimamanda Ngozi Adichie is ready to embark on a highly anticipated homecoming tour to mark the release of her latest novel, “Dream Count” – her first work of fiction in over a decade. The 12-day tour which takes effect from June 27 to July 8, 2025, will take the internationally acclaimed writer across Nigeria for a series of exclusive literary events. Kicking off with ticketed book events in Lagos and Abuja, promising audiences “intimate evenings of poetry, music, and live…

FG’s Consumer Credit disbursement starts in Abia CrediCorp FG’s Consumer Credit disbursement starts in Abia * Ready to boost the quality of life of the people. Federal Government has began the disbursement of consumer credit to some market women in Abia through the Nigerian Consumer Credit Corporation. Launching the disbursement in Aba on Thursday, the Managing Director of CREDICORP, Mr Uzoma Nwagba, said the scheme would enable citizens to access goods and services on credit. The News Agency of Nigeria reports that CREDICORP is a government-owned development finance institution committed to enhancing consumer credit access. Nwagba, represented by the Executive…