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Nigeria’s net foreign exchange reserves surged by 772 percent over two years, rising from $3.99 billion at the end of 2023 to $34.80 billion as of December 2025.

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, disclosed this in a statement on Monday.

The announcement follows last week’s post–Monetary Policy Committee (MPC) bri...


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The Nigerian Education Loan Fund (NELFUND) has approved an extension of its Student Loan Application Portal following a surge in nationwide demand driven by its ongoing sensitisation campaign.

In a statement issued on Monday, NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi, said the decision came after a reminder last week that the portal...


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US President Donald Trump appeared at a White House event on Monday with a noticeable red rash on his neck, which his doctor said was caused by a “preventative” skin treatment.

An AFP photograph showed a red patch with several brownish scabs visible above the collar of the 79-year-old president’s shirt on the right side of his neck. Trump is the oldest per...


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The Federal Government of Nigeria has begun implementing Executive Order 9 of 2026, which mandates the direct remittance of oil revenues to the Federation Account Allocation Committee (FAAC).

Wale Edun, Minister of Finance and Coordinating Minister of the Economy, announced the development on Monday, highlighting key resolutions from the inaugural meeting ...


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The first son of former Vice President Atiku Abubakar, Adamu Atiku, who served as Commissioner for Works and Energy Development in Adamawa State, has resigned from the cabinet of Governor Ahmadu Fintiri.

In a statement on Monday issued by his media aide, Abdulaziz Jauro, the former commissioner expressed gratitude to the governor for the opportunity to ser...


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