Day: May 2, 2025

Lagos Releases Report Of Budget Performance For First Quarter Of 2025

The Lagos State Government, through the Ministry of Economic Planning and Budget, has released its budget performance report for the First Quarter (Q1) of 2025, reaffirming its commitment to transparency, fiscal discipline, and efficient public financial management. According to the report, the State generated total revenue of ₦582.45 billion in Q1 2025, reflecting 79% performance…

ICPC launches Investigation into Discrepancies in Student Loan Disbursement

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commenced a comprehensive investigation into alleged discrepancies surrounding the student loan disbursement under the Nigeria Education Loan Fund (NELFUND). This action follows a recent media report alleging that no fewer than 51 tertiary institutions were implicated in illegal deductions and exploitation related to the…

Dangote Sugar Grows Turnover By 51%, to Provide 75,000 Jobs

The Chairman of Dangote Sugar Refinery Plc, Aliko Dangote has revealed that the company’s turnover increased by 51 per cent to N665.6 billion for the year ended December 31, 2024, as against the corresponding figure of N441.5 billion recorded for the 2023 financial year. Speaking at the 19th Annual General Meeting (AGM) on Tuesday, Mss Bennedikter…