Category : Search result: N5 million loan


Avon Medical Unveils N200m ICU Facility in Lagos

Avon Medical Practice has opened a N200 million state-of-the-art ICU in Lagos, operating 24/7 with a specialist team. This investment aims to provide world-class critical care locally and reduce the need for medical travel abroad.

Group Storms ICPC, Demands Probe of NMDPRA Chief

A civil society group storms ICPC, demanding an urgent probe into allegations that NMDPRA boss, Engr. Farouk Ahmed, spent $5m on his children's Swiss education. Read the full story.

Cross River Enforces Vehicle Colours from Jan 31

Cross River State mandates all commercial vehicles to adopt state-approved colours and security numbers by January 31, 2026. Non-compliance will attract sanctions. The move aims to boost safety and uniformity.

NELFUND Gives N154.4bn Loans to 788,947 Students

Nigerian Education Loan Fund disburses N154.4bn in interest-free loans to 788,947 students. CEO Akintunde Sawyerr reveals details and urges more applications from public institution students.

Reps Committee Denies Extorting JAMB, Refunds N62.7M

The House of Representatives committee has denied allegations of extorting JAMB, revealing it refunded N62.7 million twice. Get the full details on the oversight controversy and the cleared air.

1,100+ Ondo Varsity Students Get N144.5m Loan

Adekunle Ajasin University confirms over 1,116 students benefited from N144.5m NELFUND loans for tuition. VC also details new hostel projects to enhance campus safety. Read more.

Protests Erupt Over NMDPRA Boss's $5M School Fees

Civil society groups announce coordinated protests in Nigeria, New York, and London, demanding NMDPRA CEO Farouk Ahmed's removal over alleged $5 million school fees scandal. Join the call for accountability.

Police bust kidnapping syndicate, recover GPMG in Gombe

Gombe State Police Command, with hunters, neutralized two kidnappers, arrested seven, and recovered a General Purpose Machine Gun. The syndicate confessed to receiving N150 million in ransoms. Read the full details.

NDIC Reiterates N5m Deposit Insurance Cover

NDIC MD reassures depositors of N5m insurance cover, details collaboration with CBN for supervision, and warns against Ponzi schemes. Read key insights from Kano Trade Fair.

Court Upholds Ban on VIO Vehicle Impoundment

The Court of Appeal in Abuja has affirmed a ban on VIOs impounding vehicles and imposing fines, awarding N1 million in damages. Read the full details of this landmark ruling.

Nigeria Gets $100m AfDB Loan for Youth Fund

Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.

Mother Kidnaps Son, Demands N5m Ransom in Kebbi

A 25-year-old mother has been arrested in Kebbi State for allegedly kidnapping her own son and demanding a N5 million ransom from the father. The 4-year-old boy was rescued unharmed.

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