NELFUND Denies Diverting N71.2bn Student Loan Funds

Nigerian Education Loan Fund (NELFUND) Your browser does not support the video tag. The National Education Loan Fund (NELFUND) has denied allegations of fund diversion in the execution of the students loan scheme, insisting that all disbursements were properly accounted for. Speaking before the House of Representatives Committee on Students Loan, Scholarship and Higher Education, […] More

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‎Naira Slides to ₦1,630/$ in Black Market Amid Continued Volatility

Dollar Against Naira Your browser does not support the video tag. ‎The naira depreciated further against the US dollar on Thursday, dropping by ₦20.02 to exchange at ₦1,630/$ in the parallel market, down from ₦1,610/$ on Wednesday. ‎A currency trader at the Abuja black market told Economic Confidential that as of today, May 8, the […] More

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