World Bank Loan to Nigeria: $500M Comes With Reform Conditions
ABUJA, Nigeria — The World Bank has set conditions for Nigeria to access a $500 million loan under the Nigeria Actions for Investment and Jobs Acceleration (NAIJA) Development…
ABUJA, Nigeria — The World Bank has set conditions for Nigeria to access a $500 million loan under the Nigeria Actions for Investment and Jobs Acceleration (NAIJA) Development…
ABUJA, Nigeria — The Federal Government had disbursed ₦658.9 billion in direct Nigeria cash transfers to 10.46 million poor and vulnerable households by September 2026, according to the…
ABUJA, Nigeria — The Federation Account Allocation Committee (FAAC) has shared ₦2.428 trillion among the Federal Government, 36 state governments and 774 local government councils as the FAAC…
The Nigeria Labour Congress (NLC) has given the Federal Government two weeks to reduce petrol prices, begin minimum wage renegotiations and address other outstanding workers’ demands. The demands…
The Federal Government has released eight months’ salary arrears owed to members of the Senior Staff Association of Nigerian Universities (SSANU), averting an imminent strike by the university…
The Federal Government has approved the modernisation and upgrade of four ports outside Lagos, alongside the development of six deep seaports across Akwa Ibom, Cross River, Bayelsa, Ogun,…
ABUJA, Nigeria — The Federal Government of Nigeria raised ₦6.69 billion (about US$5.04 million) through its September 2026 Federal Government of Nigeria Savings Bond (FGNSB), offering annual interest…
The Federal Government and the Academic Staff Union of Universities (ASUU) have signed a new agreement meant to strengthen Nigeria’s university system and promote lasting stability. The agreement…
The Federal Government has confirmed that all 230 students who were kidnapped from St. Mary’s Primary and Secondary School in Papiri, Niger State, have been released. The Minister…
The Academic Staff Union of Universities (ASUU), Lagos Zone, has called on the Federal Government to prioritize paying university lecturers a living wage instead of a basic minimum…
The Federal Government has announced that Friday, June 6, and Monday, June 9, 2025, will be public holidays in honour of this year’s Eid-ul-Adha celebration. This announcement was…
The Federal Government of Nigeria has announced public holidays for Christmas, Boxing Day, and New Year celebrations. Wednesday, December 25, Thursday, December 26, 2024, and Wednesday, January 1,…
The Federal Government has introduced a N50 charge on electronic money transfers of N10,000 and above, affecting customers of fintech platforms like Opay and Moniepoint. This levy, mandated…
The Federal Government has restarted its social investment program, which will provide direct payments to 75 million Nigerians in 50 million households. This announcement was made by the…
The Federal Government, through the Nigerian Education Loan Fund (NELFund), has unveiled the portal for student loan applications. Nasir Ayantogo, the media lead for NELFund, announced this development…
The Federal Government announced that the implementation of the new minimum wage would commence from May 1, 2024. The Minister of State for Labour, Nkeiruka Onyejeocha, made this…