Category : Search result: N693 billion refund


NELFUND Loans: N154.4bn Reaches 788,947 Students

Nigerian Education Loan Fund has disbursed over N154 billion in interest-free loans to students. MD Akintunde Sawyerr urges more applicants and explains reasons for failed applications.

Fubara: ₦600bn in Rivers Coffers After Emergency Rule

Governor Siminalayi Fubara reveals he met over ₦600 billion in Rivers State's treasury after emergency rule, defending his administration's transparent spending. Read details of the executive-legislature tension.

The Weeknd's $1B Music Deal Explained

The Weeknd's $1 billion catalogue deal with Lyric Capital is a strategic partnership, not a sale. He retains creative control and ownership, setting a new standard for artist equity in the music industry.

Reps summon 3 DisCos over N100bn debt to FG

The House of Representatives Public Accounts Committee has summoned IBEDC, BEDC, and PHEDC over an alleged N100 billion debt. The companies have 72 hours to appear or face sanctions. Read more.

FG Takes Over N47bn Abandoned Kano Road Project

The Federal Government has approved N47 billion to reconstruct the long-abandoned 6.7km Wuju-Wuju Jakara road in Kano, a project started in 2013. Read more about this major infrastructure revival.

Elon Musk's Net Worth Surpasses $600 Billion

Elon Musk makes history as the first person to achieve a $600 billion net worth. Discover how Tesla, SpaceX, and AI ventures fueled this unprecedented wealth milestone.

NYSC Opens Portal for Absconded Corps Members

The NYSC has announced a one-week window for absconded corps members to register for the 2025 Batch C remobilisation. The portal opens December 16. Learn the key requirements and deadlines here.

ADC to Protest FG's N500bn Debt to Contractors, Pensioners

The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.

Shettima launches N1bn family business grants

Vice President Kashim Shettima launched a N1 billion family business grant initiative in Akwa Ibom, empowering 3,000 families. The programme aligns with Tinubu's Renewed Hope Agenda.

Natasha to Prove Akpabio Sex Harassment Claims in Court

Civil society groups say Senator Natasha Akpoti-Uduaghan now has a lawful platform to prove sexual harassment allegations against Senate President Godswill Akpabio, following his N200 billion lawsuit. Read the full details.

Lady Recovers N26k Sent to Wrong Opay Account

A Nigerian woman, Akinwade Maj Royal, mistakenly transferred N26,000 to a stranger's Opay account. After a desperate plea, the receiver, Bãbã ÆLī Mãllõwãñ, surprisingly refunded the money. Read the full story of this heartwarming act of honesty.

N185bn Approved to Settle Gas Debts for Power Boost

The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.

Friday Osanebi Donates ₦1bn for Delta Christmas Celebrations

Former Delta Deputy Speaker Friday Osanebi releases ₦1 billion for Christmas support to Deltans. The massive donation includes food items and cash to ease economic hardship. Read details of the distribution and a related crime update.

Zamfara's N861bn 2026 Budget Targets Growth

Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.

House Issues 72-Hour Ultimatum to PAP Boss Over N26bn

The House of Representatives demands PAP Coordinator Dennis Otuaro appear before its committee over N26bn audit queries. Failure could lead to an arrest warrant. Meanwhile, nine PAP scholars graduate in the UK.

Radda Pledges Timely Finish for N19.6bn Daura Road

Katsina Governor Dikko Radda assures Daura residents of the 2026 completion of the N19.6bn ring road dualisation to ease traffic and boost the economy. Read more on the state-wide tour and infrastructure plans.

Eterna Plc Launches N21.52 Billion Rights Issue

Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.

Contractors Protest N760bn Debt, Disrupt Ministry

Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.

House Probes Missing N30bn NSIPA Fund, Demands Action

The House of Representatives investigates over N30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation schemes. Lawmakers warn delayed funds worsen hardship. Read more.

Page 2 of 4